New Constitutions Loan

Program Summary Exposure Limit (LOC)

Minimum Experience 1flip/build in the past 2 years , or 1 active rental property

Individual Loan Size $150-$2.5MM

Exposure Limit Amount $250-$10MM

Interest Accrual Full accrual on max loan amount

Max Loan-to-Value (LTV) 75% of After Completed Value (ARV)

Max Land Acquisition Financing (LTC) 60% if no permits. 75% if Permits in Hand

Max Construction Financing (LTC) 90% of construction Budget

Borrower Type Individual, LLP, LP, Corp,or LLC

Eligible Property Types ( must be non-own occupied) .SFR .2-4Units .Townhomes .Mixed-use .Multi-Family,5-20units

Minimum Interest 90 days of Interest

Min Credit Score Requirement 620

LTV: Up to 75%

Property type:
Residential investor, 1-4 unit, condos and town-homes

Terms: 5/1, 7/1 and 30-yr

Prepay: Can be bought out

Rates: 4.49% start

Interest only option
No Doc option
Minimal documents needed

Foreign Nationals accepted

$5M loan max

LTV: Up to 80*

Property type:
Residential investor, 5+ units, office, warehouse, retail, etc.

Terms: 30 Years

Prepay: Varies

Rates: 7.49% start

Score driven
Full amortizing loan
Not income driven

Reserves required
Foreign Nationals accepted

*Loan structure dependent on location,
credit, experience, and liquidity.

LTV: Up to 70%

Property type:
Income producing, hotels,

marinas, storage

Terms: 60 months

Prepay: 36-months

Rates: Prime +1% start

Interest only

Non-recourse
Not credit driven
No tax returns
No reserves required
Blanket loans allowed
Foreign Nationals accepted

$2M minimum loan; no cap