The FundSource new construction program provides complete short term financing for tear-down and ground up construction of 1-4 unit investment properties. Standard documentation in addition to contractor due diligence required. Loans generally close within 10-12 business days.
Basic Loan Criteria
| Term | 12 Months Interest only |
| Loan Amount | $100,000 to 1,000,000 |
| LTV |
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| Minimum Credit | 650 Fico Score |
| Property Types | Non owner occupied 1 – 4 unit properties |