Builders & Plat Development

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- Term: Up to 12 months for Vertical portion

- Loan Purpose: Purchase, Refinance

- Property Type: Single-Family, 2-4 Unit, Condo, Townhouses

- Loan Size: Min. $2,500,000

- LTV: 65% (Based on ARV)

- LTC: Up to 85% (Based on Cost to build, including development cost)

- Borrower Experience: Similar projects

- Payments (Interest Only): Reserve or Monthly Payment

 - Term: Up to 12 months for Horizontal portion

- Loan Purpose: Purchase, Refinance

- Property Type: Single-Family, 2-4 Unit, Condo, Townhouses

- Loan Size: Min. $2,500,000

- LTV: 60% (Based on finished lot value)

- LTC: Up to 80%, Deal Specific

- Borrower Experience: Similar projects

- Payments (Interest Only): Reserve or Monthly Payment