ESU-Global is able to source financing to cover all of your ground-up construction needs. This program offers an 18-month term and very competitive rates to make sure your project is well-funded from start to finish.

Loan Criteria

Collateral

Non-Owner Occupied Single-Family
Properties; Condos; Townhomes

Term:

12 – 24 Months

Loan Amount:

$100k* – $2M
*Based on Max Loan Amount

FICO:

650 Minimum

Minimum Property Value:

$150,000.00 (As COMPLETED VALUE)

OTHER CONSIDERATIONS:

Tier 1*

Type	Initial Loan Maximum Loan-to-Value (LTV)	Initial Loan Maximum Loan-to-Cost	Max Loan After-Repair Value	Max Total Loan-to-Cost
Purchase	Up to 75% of the As-Is Value Loan-to-Value (LTV)	Up to 80% of the As-Is Value	Up to 75% ARV	Up to 90% LTC
Refinance	Up to 75% of the As-Is Value	Not Available	Up to 75% ARV	Up to 90% LTC

Tier 2*

Type	Initial Loan Maximum Loan-to-Value (LTV)	Initial Loan Maximum Loan-to-Cost	Max Loan After-Repair Value	Max Total Loan-to-Cost
Purchase	Up to 75% of the As-Is Value Loan-to-Value (LTV)	Up to 75% of the As-Is Value	Up to 70% ARV	Up to 85% LTC
Refinance	Up to 72.5% of the As-Is Value	Not Available	Up to 70% ARV	Up to 85% LTC

Tier 3*

Type	Initial Loan Maximum Loan-to-Value (LTV)	Initial Loan Maximum Loan-to-Cost	Max Loan After-Repair Value	Max Total Loan-to-Cost
Purchase	Up to 70% of the As-Is Value Loan-to-Value (LTV)	Up to 72.5% of the As-Is Value	Up to 65% ARV	Up to 85% LTC
Refinance	Up to 67.5% of the As-Is Value	Not Available	Up to 65% ARV	Up to 85% LTC

Tier 4*

Type	Initial Loan Maximum Loan-to-Value (LTV)	Initial Loan Maximum Loan-to-Cost	Max Loan After-Repair Value	Max Total Loan-to-Cost
Purchase	Up to 70% of the As-Is Value Loan-to-Value (LTV)	Up to 70% of the As-Is Value	Up to 65% ARV	Up to 82.5% LTC
Refinance	Up to 65% of the As-Is Value	Not Available	Up to 65% ARV	Up to 82.5% LTC