New Construction Loan Program
Are you a real estate professional, builder, or investor looking to develop an investment property? Sims Ventures will develop a loan program tailored to your unique requirements.
Our New Construction program offers the financing you need, along with the option to collaborate with our experienced new construction consulting team. We can support you throughout every phase of your project, from planning and selecting the right contractors and subcontractors to managing permits and more. Our goal is to help you complete your project on time and within budget.
Flexible New Construction Loan
- Five year lookback for experience (2 completed projects)
- Minimum credit score of 650​
- 12 to 24 month terms
- Fast Draw ScheduleÂ
- Origination points and fees financed into loan
- Deferred payments — no payments until repay
- Receive 100% Construction Budget
Low Rate Builder Line of Credit
- 100%Â -Â Up to 100% LTC
- Seasoned Builders (5 completed projects)
- Same day draws possible
- Up to $2.5 M per project
- "Skip" monthly payments
- Low Rate - Floating based on Prime
- Minimum credit score 680
Submit Your Deal
Once you complete this pre-application form, we’ll reach out to begin your project venture.
Form requirements are as follows: