BRASS NEW CONSTRUCTION LOANS
Fast and Easy financing for your new construction projects.
Get your funds quickly so you don’t miss important opportunities.
Fast Approvals
Easy Process
Highly Competitive Rates
Funds in 14 - 21 Days
Most loans are funded in only 14 to 21 days, so you can get on with your life.
New Construction Loans
First-Time Investors Welcome
12-24 Month Interest Only Terms
650 Minimum Fico Score
Interest Rates Starting at 10.25%
Funding up to 90% Loan To Cost
Single-family, 2+ Units, Multi-property
New Construction experience required
About New Construction Loans
Most new construction investors will purchase distressed property or vacant land with the intention of building a new property. The ultimate goal is for the investor to sell or rent the property under the following three conditions:
- Minimize the construction expenses as much as possible.
- Maximize the market value of the property for resale.
- Retain the property for the shortest possible time
We have secured many long-term relationships with private money lenders and investors over 30+ years in the lending business. Our reputation for integrity and our ability to secure reliable funding have earned us the respect and trust of our clients and the industry. This is why Brass Financial is a great partner to work with.
We get you funded quickly with an easy process so you don’t miss a great opportunity!
Fast Approvals
Easy Process
Highly Competitive Rates
Funds in 14-21 Days
New Construction Loan FAQ’s
What type of properties are eligible?
The following property types are eligible for our new construction loans:
- Single Family Residence (SFR)
- Multi-Unit Properties
- Condominiums
- Townhouses
In which states do you offer New Construction loans?
We offer new construction loans in all 50 US states.
What type of documentation is required?
Because we specialize in New Construction loans, we manage these loans differently – taking into account current real estate trends and other common sense factors. As a result, we do not require traditional documentation like tax returns or income statements.
The following documents are requested as part of your New Construction loan application:
- Sales Contract
- Construction Budget
- Previous experience
Do you offer New Construction loans to companies or LLC's?
I've never built a house before. Can I still qualify?
Is there a prepayment penalty?
Does this include additional funding for construction/repairs needed?
How long does it take to receive my funds?
Easy Process
Our new construction loan process is quick and easy. Most loans are funded in 14 to 21 days – so you will never miss a great opportunity.
We make sure our new construction loans get closed in a quick and convenient manner so that you can get the funding for your project easily! Call one of our loan experts at (609)800-FUND to discuss a possible loan, or click below to get started on the application!
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