Loan Programs > New Construction Loans
New Construction Loans
Yieldi can quickly and simply fund any stage of your construction project. We provide new construction loans for residential or commercial properties. Hard money loans are great for investors or builders who are purchasing a lot or tearing down an existing home for new construction.
- Typical loan of 50% Loan to Value on As-Is Property Condition
- Easy to understand draw schedule & process
- 6 month prepayment penalty
- Loans to Company or LLC
- 12% to 15% Monthly Payments
- Origination fees of 2-5 Points
- Loans from $350,000 to $25,000,000
- 12-18 Month Term (w/ extension provisions)
- Up to 75% Loan to Value on finished project including draws
- Lenders Title Policy Required
- Residential & Commercial Construction Welcome