Ground-Up Construction Funding Program Overview

Program Details

Our Ground Up Construction Program is tailored for a wide range of construction projects including:

Residential (1-4 Units)
Multi-Family (5+ Units)
Mixed-Use Properties
Gas Stations
Warehouses
Industrial Facilities
Hotels / Motels
Retail / Office Buildings

And more…

Loan Guidelines:

Loan Amounts: $50,000 to $70,000,000
Credit Score: Minimum FICO score of 620
Interest Rates: 11% to 14%+

The program offers both Wholesale and Retail Guidelines. Download the full guidelines for detailed information to determine if your project qualifies.

Minimum Requirements:

Proof of income
Application Fee
Tri-Merge Credit Report fee of $57
Valid Driver’s License or State ID

Construction Loan – Checklist

Agreement of Sale (if purchase)
Articles of Incorporation, EIN & signed Operating Statement
Bank Statements: 6mos of Personal AND 6mos of Business (all pages)
CD Contact Form (See Attached)
Contractor’s Budget (See Attached)
Contractor On-boarding Package (See Attached)
Disclosures (It will be emailed to you)
Driver’s license or State ID. (Must be color for verification purposes)
New Construction Questionnaire (See Attached)
Guarantor Form (See attached)
Payoff (if refinance)
Personal Financial Statement (See Attached)
Property Management Questionnaire (See Attached)
Social Security card
Track Record & REO Form (See Attached)

Here are the steps moving forward�

Subject Property Address in Subject Line when sending back the documents.
Budget of project, purchase price, or Loan Amount.
After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
Down Payment -Bank Statement or Statement for down payment if applicable.
Check your credit scores here:/ send or upload a copy of the report and all scores.
Please send me a copy of your credit report with scores and the attached documents.
Please see the attached loan application, credit authorization and all documents needed to move forward.

Send all documents on checklist to: info@myfundingmentor.com