Construction Financing (SPEC Projects)

Construction Program Highlights:SPEC Construction Loans

  • "SPEC Construction" transactions
  • Fast funding
  • Incremental Funding (case by case)
  • Short term equity loans
  • Simple application process
  • Cross collateralize OK
  Gross Loan Amount
Loan-To Value (LTV)
$50,000 - $1,000,000 +
Call for higher amounts
Up to 75%
of the Future Value
Private Money SPEC Financing is available for:
  • Investors
  • Brokers
  • Realtors
  • Non-Occupant Borrowers
  • Contractors
  • Sub Contractors
Construction projects allowed:
  • Single Family Residences
  • Multi-Family Dwellings
  • Apartments
  • Commercial
  • Duplexes
  • Triplexes
  • Fourplexes

Construction Disbursements:

We provide fast disbursements of your construction funds, and typically provide startup funds through the close of the escrow. The amount of draws depends on the scope of your project..

Vesting:

  • Individuals
  • Partnerships
  • LLCs
  • Corporations
  • Trusts

Income Documentation Needed:

  • We offer equity-driven investment financing and accept bank statements for borrower qualifications.
  • No Tax Returns Required.

Loan Term:

  • 6 motnhs to 1 year.

Prepayment penalty:

  • None

To get started contact Eric Allee Toll Free 855-881-7979 or 805-364-0488