EcoSteel Homes
New Constitutions Loan
Program Summary Exposure Limit (LOC)
Minimum Experience 1flip/build in the past 2 years , or 1 active rental property
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Individual Loan Size $150-$2.5MM
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Exposure Limit Amount $250-$10MM
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Interest Accrual Full accrual on max loan amount
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Max Loan-to-Value (LTV) 75% of After Completed Value (ARV)
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Max Land Acquisition Financing (LTC) 60% if no permits. 75% if Permits in Hand
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Max Construction Financing (LTC) 90% of construction Budget
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Borrower Type Individual, LLP, LP, Corp,or LLC
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Eligible Property Types ( must be non-own occupied) .SFR .2-4Units .Townhomes .Mixed-use .Multi-Family,5-20units
Minimum Interest 90 days of Interest
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Min Credit Score Requirement 620
Our Sign & Drive Loan
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LTV: Up to 75%
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Property type:
Residential investor, 1-4 unit, condos and town-homes
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Terms: 5/1, 7/1 and 30-yr
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Prepay: Can be bought out
Rates: 4.49% start
Interest only option
No Doc option
Minimal documents needed
Foreign Nationals accepted
$5M loan max
Term Loans
LTV: Up to 80*
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Property type:
Residential investor, 5+ units, office, warehouse, retail, etc.
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Terms: 30 Years
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Prepay: Varies
Rates: 7.49% start
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Score driven
Full amortizing loan
Not income driven
Reserves required
Foreign Nationals accepted
*Loan structure dependent on location,
credit, experience, and liquidity.
Hybrid Bridge
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LTV: Up to 70%
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Property type:
Income producing, hotels,
marinas, storage
Terms: 60 months
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Prepay: 36-months
Rates: Prime +1% start
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Interest only
Non-recourse
Not credit driven
No tax returns
No reserves required
Blanket loans allowed
Foreign Nationals accepted
$2M minimum loan; no cap