New Construction Loans
REI Loans offers New Construction loans for investors, builders, and developers seeking competitive financing for the acquisition, development, or construction of ground-up projects. Fast approvals and funding available with a nationwide footprint.
Typical terms
LTC
Up to 85% of Project Cost
Loan Amounts
Minimum $250K to Maximum $5M
Loan Term
12-24 Month Term- Interest Only
Eligible Projects
Infill, Redevelopment, conversion, and condo loans also permitted
Interest Reserves
Interest reserves can be built in
Eligible Properties
Single Family detached, condos, townhomes, multi-family
Geography
All States except Alaska, Nevada, North Dakota, Oregon, South Dakota, Utah
Eligible Borrowers
U.S. Citizens
Permanent Resident Aliens
Non-Permanent Resident Aliens
Foreign Nationals
LLCs, Limited Partnerships, General Partnerships, Corporations
FICO
600
Guarantee
Non-Recourse and Recourse Options
Other Products
Fix and Flip
12-Month Interest Only Loans for the Purchase and Rehab of 1-4 Unit Properties
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Rental
30-Year Term Single Asset and Portfolio Loans for 1-4 Unit Properties
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Multifamily
Up to 36-Month Interest Only Bridge Loans for 5-80 Unit Multifamily Properties
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