Easy Doc Construction Loans 2022

With our easy doc construction loans we can make building your spec home a fantastic experience.

As of 2020 – we do not ask for tax returns for our Easy Doc Construction Loans. The terms are from 12 to 24 months. These are a simple type of easy doc construction loan for developers, contractors and builders who have income and assets, but are unable to provide the required financial statements or tax returns. The basis of these loans is rooted in the applicant declaring their own income derived from their business, making these products the perfect option for self employed persons. We specialize in helping self employed people “builders” secure cost effective low doc construction home loans for  personal or investment purposes.

For Large Rehabs or Ground up Construction

For our easy doc construction loans – we usually can go up to 80% loan to cost at a rate of 7.99% to 10.99% interest only.
  • Fast Closing – from loan application to funding 10 business days.
  • No tax returns or W2s required. (keeps your personal info secure)
  • Construction will be on a draw system
  • Recourse and non-recourse loan available.
  • Loan term 6 to 24 months.
  • If the loan makes sense we can put the construction payments into the loan so you do not have to make payments during construction period.
Items Needed for review: – Click on the links below to download Dropbox  document
1003 Loan application – leave liabilities blank
Construction estimate
Borrowers authorization
Borrowers authorization to run credit
Declaration non owner
Resumes on contractor / builder prospects if you have not chosen a specific one yet.

We want the property to be shovel ready so we can fund and start construction the next day.

With our easy doc construction loans we can make building you spec home a fantastic experience. We do not ask for tax returns. The terms are from 12 to 24

With our easy doc construction loans we can make building your spec home a fantastic experience. We do not ask for tax returns. The terms are from 6 to 24 months.

 

To find out more see our “Hot Loan Products” for rates and guidelines.

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