New Construction
Looking for Funding
for a New Construction Project?
Campos Capital Group is able to provide financing to cover all of your ground-up construction needs. This program offers an 18 month term to make sure your project is well-funded from start to finish.
Loan Criteria
Collateral:
Non-owner occupied single-family
properties; condos; townhomes
Term:
12 – 24 Months
Loan Amount:
$100K* – $3M
*based on max loan amount
Minimum Property Value:
$150K**
**As-Completed value
Minimum FICO:
680
Tier 1: Completed 10+ Ground Up Construction Projects | ||||
INITIAL LOAN AMOUNT | MAX LOAN AMOUNT | |||
Maximum Loan-To-Value | Maximum Loan-To-Cost | Maximum ARV | Total Loan-To-Cost | |
Purchase | Up to 75% of the As-Is value | Up to 75% of the As-Is value | Up to 75% ARV | Up to 90% LTC |
Refinance | Up to 75% of the As-Is value | n/a | Up to 75% ARV | Up to 85% LTC |
Tier 2: Completed Between 5 and 9 Ground Up Construction Projects | ||||
INITIAL LOAN AMOUNT | MAX LOAN AMOUNT | |||
Maximum Loan-To-Value | Maximum Loan-To-Cost | Maximum ARV | Total Loan-To-Cost | |
Purchase | Up to 75% of the As-Is value | Up to 75% of the As-Is value | Up to 70% ARV | Up to 85% LTC |
Refinance | Up to 60% of the As-Is value | n/a | Up to 70% ARV | Up to 85% LTC |
Tier 3: Completed Between 2 and 4 Ground Up Construction Projects | ||||
INITIAL LOAN AMOUNT | MAX LOAN AMOUNT | |||
Maximum Loan-To-Value | Maximum Loan-To-Cost | Maximum ARV | Total Loan-To-Cost | |
Purchase | Up to 70% of the As-Is value | Up to 70% of the As-Is value | Up to 65% ARV | Up to 80% LTC |
Refinance | Up to 60% of the As-Is value | n/a | Up to 65% ARV | Up to 80% LTC |
Tier 4: Completed At Least 1 Ground Up Construction Project | ||||
INITIAL LOAN AMOUNT | MAX LOAN AMOUNT | |||
Maximum Loan-To-Value | Maximum Loan-To-Cost | Maximum ARV | Total Loan-To-Cost | |
Purchase | Up to 70% of the As-Is value | Up to 70% of the As-Is value | Up to 65% ARV | Up to 80% LTC |
Refinance | Up to 60% of the As-Is value | n/a | Up to 65% ARV | Up to 80% LTC |