At Savi Ranch Capital, we specialize in providing flexible and efficient financing for residential ground-up construction projects. Whether you're constructing a single-family home, a multi-unit property, or a high-end custom residence, our loan programs are designed to meet your specific needs and timelines.
Loan Highlights:
- Loan Amounts: From $100,000 up to $10 million
- Loan-to-Cost (LTC): Up to 90% of the purchase price
- After-Repair Value (ARV): Up to 75% financing based on ARV
- Rehabilitation Costs: Financing up to 100% of rehab expenses
- Interest Rates: Competitive rates based on borrower profile
- Loan Terms: 6 to 18 months
- Payment Structure: Interest-only monthly payments; no interest reserve required
- Disbursement: Access up to 20% of the rehab budget within 3 days post-escrow closing
- Lien Position: First position only
- Prepayment Penalty: None
- Availability: Lending available in all states except NV, SD, ND, MN, OR, and VT
Borrower Qualifications:
- Entity Type: Corporations or Limited Liability Companies (LLCs) preferred
- Income: Demonstrated reasonable existing income
- Reserves: Cash reserves of approximately 5–10%
- Net Worth: Reasonable net worth
- Credit Score: Minimum of 660
- Experience: Must have successfully completed similar construction projects or have prior experience with fix-and-flip or rental property investments.
- Exit Strategy: A Clear and feasible exit strategy required
Eligible Property Types:
- Residential: Non-owner occupied single-family homes
- Condominiums: Non-owner occupied, warrantable units
- Multifamily: Non-owner occupied 2–4 unit properties