New Construction
New Construction Loan From Lima One
Loans for builders with shovel-ready lots or teardown projects.
Loan Features
- Up to 90% LTC, 70% LTARV
- Loans from $100K to $3M
- 19 & 24-month loan term options
- Interest-only new construction loans, paying only on drawn funds
- Fast draw process, funds in as little as four days
- 1-4 unit properties
- Use fix & flip experience to qualify for new construction financing
*Exterior valuations available case by case. Loan amount, product, and market restrictions may apply.