New Construction Loans
A new construction hard money loan can be used to finance the acquisition and construction of real estate properties. RD Advisors' funds can quickly provide commercial loans for your next construction project with ease and reliability.
Property Types
Single family homes, Mixed Use, Condominiums and Multifamily properties up to 4 units
Loan Amount
1
$200,000 - $3,000,000
Maximum Loan to Cost
50% | 65% of Purchase (Land | Permitted) and 100% of Rehab Costs
Maximum Loan to ARV
65%
Term Length
Up to 18 months
Recourse
Full Recourse
Minimum Interest Rate
10%
Origination Points
2-3
Expected Closing Time
2
3 weeks
Appraisal
Desktop/Third Party
Pre-pay Penalty
No
- On any single transaction
- This only reflects an expected closing time. Actual closing times vary.