©2016 BY Monette Properties, LLC 

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Monette Properties, LLC

7740 Dale Ln Houston, TX 77040

409-223-2720
 

Fix and Flip Bridge Loan to 90% LTV/LTC

New Construction Loans

  • Ground-up construction for developers and investors

  • $150K - $3MM

  • 12 months, with optional 3 month extensions

  • Funding up to 75% of land value

  • Up to 90% of construction costs, max 75% ARV

  • No Prepayment Penalty 3 months minimum interest

  • Interest Rate: 6.99% and up

  • Individual, LLC, or Corporation

  • Credit Score: 620+

  • Non-Owner Occupied: Single family residences, 2-4 family units, Condos, Townhomes, Multi-family properties up to 20 units, and Ground-up construction