Construction Loans

Construction LoansIf you’re looking for an upgraded construction financing experience then you owe it to yourself to explore the construction financing programs at HomeConstructionLoans.com and Arroyo Consulting Group.  Lots, vacant land, ground up on vacant land, complete tear-down & rebuild, major remodels and SPEC investment construction financing programs offered at the most flexible, affordable and competitive terms available in today’s marketplace.

Our extensive and diverse network of lending sources wasn’t developed to meet the needs of the masses, it was developed to meet the specific construction needs of homeowners, builders, developers, and investors just like you.  The lenders in our network understand the intricacies of the construction process and place a premium on construction financing.

If you want a lending resource that takes financing the construction of your home as seriously as you do, then you’ve come to the right place.

Home Construction LoansMost Requested Loan Programs

  1. One Time Close/All-in-One Construction to Permanent Loans – 30-year loan term, fixed for the first 5, 7 or 10 years. Allows you to “Lock-In” a single low rate before construction begins. Ask about the new 30-Year Fixed Rate Loan.
  2. Future Value or “As Completed” Loans – Loan amounts are based on the future value of the completed project and not on the Project Cost itself. This means significantly less “cash out-of-your-pocket” and more toward covering 100% of your construction costs.
  3. Mid-Construction Projects  – Once work has begun getting a good loan can become a serious challenge. Not for us.
  4. SPEC Builder Financing/Loans – Developer, Contractor or Builder Loans with as low as 15% equity or down payment, and a rate between 4.5% – 5.75% for most projects. Loan amounts to $20,000,000 at equity levels.
  5. Residential Land/Lot Loans – Loans for purchase or refinancing at low rates.
  6. Multi-Unit, Apartments, Commercial & Mixed-Use Construction Loans
  7. Super Qualifier Loans – Loans with low start rate & debt-to-income-ratio up to 55%
  8. Affinity Loans – Loans for Medical Doctors, Attorneys, CPAs and Dentists with as little as 5% down to $1,250,000, 10% down to $1,500,000 & 15% down to $1,750,000.

EXTENSIVE NETWORK OF LENDERSVast Underwriting Flexibility – We partner with 18 separate funding sources for our Lot and Construction financing. Here are just a few of the many circumstances where other lenders frequently choose to decline loans, but our partners find acceptable given our skill in presentation and long-term relationships;

  • Finance up to 100% of the cost of construction in one loan.
  • Use the Construction Loan to also pay off all the of the existing loans
  • Loan amounts based Future or As-Completed Value of the home, not the Costs
  • Non-traditional Income Sources and Asset-based lending
  • Foreign Nationals and Permanent Residents
  • Vacation or 2nd Home
  • Vacant land over 10 acres or land using well water or septic sewage
  • Mixed-Use, Apartments, Condos, Small Housing Tracts
  • Residential land loans to $2,000,000
  • Construction-to-Permanent loans over $3,000,000
  • Projects where work has already started
  • Projects where work has stopped completely for several years
  • Severely damages structures, including fire, earthquake, and flood
  • Exceptions for a low credit score, high-income ratios, and various deficiencies.
  • Properties that will be owner-occupied or 2nd homes

New Construction (Ground-Up, Tear-down or Major Remodel/Addition projects)
–   90% up to $850,000
–   80% up to $2,000,000
–   75% up to $3,000,000
–   70% up to $5,000,000
–   65% up to $7,000,000
–   60% up to $10,000,000

Special Affinity Financing Medical Doctors, Dentists, Attorneys & CPAsSpecial Affinity Financing (Medical Doctors, Dentists, Attorneys & CPAs)
–   5% down payment up to $1,250,000
–   10% down payment up to $1,500,000
–   15% down payment up to $1,750,000
–   20% down payment up to $1,750,000
–   Ask about 20% down to $2,000,000

Residential Lots & Land FinancingResidential Lot or Land Financing
–   80% up to $300,000
–   75% up to $400,000
–   70% up to $500,000
–   65% up to $750,000
–   60% up to $1,000,000
–   55% up to $1,500,000

SPEC and Investor Construction FinancingSPEC and Investor Construction Financing
–   80% to $4,000,000
–   75% to $6,000,000
–   70% to $8,000,000
–   60% to $12,000,000
–   50% to $15,000,000

Land Acquisition and Development for Multi-Unit or Commercial (A&D)Land Acquisition and Development for Multi-Unit or Commercial (A&D)
– 70% to $2,000,000
– 60% to $10,000,000

No matter what your project entails, it is imperative that you select the right advocate for you and your family as you embark upon this process of selecting the right Lot financing option.  Our team stands ready with the experience and knowledge to help you select the right one for you and more importantly to weed out the inappropriate ones with surprises waiting for you down the road.Just Getting Started