New Construction Loan
Short-Term & Long-Term Financing for Real Estate Investments
- Home
- Construction Loan
Comprehensive Construction & Rehabilitation Solutions
Southern Mortgage Lenders, LLC specializes in providing comprehensive financial support for construction loans, spanning the entire spectrum from initial groundwork to the rehabilitation of both commercial and residential properties. Our services extend to properties occupied by owners as well as those under non-owner occupancy, demonstrating our commitment to accommodating diverse project needs.
Whether you’re embarking on the construction of a new project or undertaking the revitalization of an existing property, Southern Mortgage Lenders, LLC is equipped to cater to your unique financing requirements. Our dedication to transparency and accountability is reflected in our practice of entrusting construction funds to an independent, licensed voucher control company. This ensures that the financial aspects of your project are managed with the utmost professionalism and regulatory compliance, providing you with peace of mind throughout the construction or rehabilitation process.
By choosing Southern Mortgage Lenders, LLC, you gain a financial partner with a proven track record in supporting successful construction and rehabilitation projects. Our commitment to excellence, coupled with a focus on tailored financial solutions, positions us as a reliable ally in bringing your property development visions to fruition.
Loan Criteria:
- Up to 100% of the Total Cost of the Project.
- 100% of the Purchase Price or Land Value.
- 100% of the Construction Cost.
- Collateral: Non-Owner Occupied Single-Family Properties; Condos; Townhomes.
- Term: 12, 18, or 24 Months.
- Loan Amount: $500k – $20M.
- Rates: Starting at 8%.
- Minimum FICO: 620.
- In-house loan servicing & draws.
- Quick closing.
- Loan Extensions Available.
Loan Programs
- Fix & Flip Loan
- Rental Loan
- Multi-family Loan
- Cash Out Refinance
- Business Loan
- Construction Loan
Get Funding
How It Works
Loan Process and Requirements
Step 1
Submit a Loan Request
It all starts here… complete our quick and easy online application, whether you have a deal that you need funded or need a pre-approval letter.
Step 2
Submit Supporting Documents
Provide the supporting required documents through our online portal, or email them to us, for our underwriting process. We will quickly turn around a commitment to you.
Step 3
Document Review
We will review the title commitment, appraisal, and all other documents so that your final loan documents can be produced.
Step 4
Closing
Once the closing has been executed, we will disburse the funds. Our average closing timeframe is 7 days
Join the satisfied customers who choose to work with Southern Mortgage Lenders, LLC.
At Southern Mortgage Lenders, LLC we are proud to fund commercial properties, multi-family residential, investment residential properties, fix and flip projects, land, and construction Nationwide