SELF-BUILD CONSTRUCTION LOANS

For borrowers who are acting as their own general contractor and/or plan to complete some of the construction themselves on a residential owner-occupied property

  • Loan amounts from $75,000 to $5,000,000

  • 90% of appraised value for loans of up to $647,200 (Max 85% LTV)

  • 80% of appraised value for loans greater than $647,200 (Max 85% LTV)

  • Up to 75% of appraised value for loans greater than  $1,000,000

  • Borrower may act as own general contractor

        (no site supervision needed)

  • Land purchase may be included in the construction loan

        (up to 75% of the lot purchase price)

  • Rates between 7.95% - 9.95%