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Program Summary
Straightline's New Construction Program provides you with fast approvals and closings. After closing we utilize a simple, flexible draw process to make sure your project stays on track.
Up to 85% of Project Cost
Rates: 11% to 12%
12 to 15 Month Terms
Interest Only Payments
Tear Down and Infill Projects OK
Up to 70% of After Construction Value
Purchase or Refinance OK
Available in metro areas of AL, FL, GA, IL, IN, MO, NC, OH, PA, SC, TN, TX & VA
Points: 2% plus processing and doc fees
1 to 4 Family Properties
No Tax Returns Required
No Prepayment Penalties
Simple Draw Process
680 Minimum Credit Score
Fast, Efficient Closings
Build to Sell or Build to Rent
New Construction Loan Process
Submit Information & Get a Quote
Send Requested Documents
Underwriting & Property Valuation
Go to Closing!
New Construction Start
Adding Value to Your Business
Direct Lender for Investors since 2006
Free Build to Rent Cash Flow Analysis
Free Project Profitability Analysis
Simple, Fast Draw Process
Rate & Fee Discounts with Volume Business
Fast Loan Terms and Approvals
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