Ground Up construction loan
SimpleBuild is a tailored loan solution for ground-up construction projects, offering streamlined financing for residential and commercial developments. With flexible funding designed to cover each stage of construction, SimpleBuild helps investors bring new projects to life with confidence and ease.
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- 7.250%† Rates as low as
- Up to 75% LTV (loan-to-value)
- No prepayment penalty after year 3
- 7.250%† Rates as low as
SimpleBuild Loans
Fix & Flip Loans
- Collateral:
Non-Owner Occupied Single-Family Properties;
Condos; Townhomes
1-8 Units
- Loan Terms:
12 to 24 Months.
- Loan Amount:
$100,000 – $10,000,000
Based on Max Loan Amount
- Loan to Value:
Initial Loan Amount:
Up to 75% of the As-Is Value
- Maximum Loan Amount:
Up to 75% of the After-Repair Value
Up to 100% Total Loan-to-Cost
- Minimum Property Value:
$150,000
As-Completed Valu
- Qualifications:
650 Minimum FICO
The all in one capital platform for private lenders
Fast & Flexible Private Lending
Fix and Flip
Our Fix and Flip loans provide you with a reliable source of funding for your purchase, renovation, and rent/sell homes consisting of 1-4 units.
Fix and Flip
Our Fix and Flip loans provide you with a reliable source of funding for your purchase, renovation, and rent/sell homes consisting of 1-4 units.
Fix and Flip
Our Fix and Flip loans provide you with a reliable source of funding for your purchase, renovation, and rent/sell homes consisting of 1-4 units.
Fix and Flip
Our Fix and Flip loans provide you with a reliable source of funding for your purchase, renovation, and rent/sell homes consisting of 1-4 units.
Why Ground up Construction?
Minimal Documents
Simplending requires only minimal income documentation from contractors, so you won’t need to provide extensive paperwork for verification.
Mutual Interests
We aim to ensure that the deal benefits both us and the borrower. We will conduct thorough due diligence to ensure it aligns with our mutual interests.
Custom term lengths
Our terms are short and interest-only, so you won’t have to stress about holding the loan for an extended period.
Nationwide Options
Simplending Financial provides a reliable funding solution for your new construction projects ranging from 1 to 8 units across the country.
