New construction loans are short-term loans used to finance the building or renovation of a home or real estate project. The initial draw will be calculated based on the As-is Value of the Property and the renovation budget will be advanced in construction draws.
Max Loan Amount: $10,000,000
Term: 12-24 months
Payments: Monthly Interest Payments with Balloon at Maturity
Prepayment penalty: None
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MaxOut Funding
NMLS #1890873
150 S Pine Island Rd Suite 300 Plantation, FL 33324