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Construction Mortgage Programs

Customized Real Estate Construction Financing Nationwide
Fortis offers Construction Financing Nationwide and will consider all property types and Loan Amounts starting at just $ 150,000. The Fortis Team knows Construction and will make exceptions, when warranted, to fund projects quickly and efficiently.
Private Money Construction

Private Money Construction Financing is flexible and structured on a case by case basis. Loans are approved and funded without "bank" or "Conduit" approval.

  •   Closing Time 5 - 10 days
  •   Loan Term of 1 to 3 years, extensions available
  •   Loan Amounts from $ 150,000
  •   No Maximum Loan Amount
  •   All Property Types Considered
  •   National Availability. International case by case
  •   Up to 75% LTV, Loan to Value
  •   Up to 80% LTC, Loan to Cost
  •   Subordinate Finning allowed case by case
  •   Interest Only Paid Monthly / Quarterly
  •   No Minimum Credit Score or Rating
  •   Origination Fees from 2%
  •   Interest Rates from 7%
  •   Smart, Fast and Hassle Free Loan Draws
  •   Single Purpose Entity Borrower Preferred
  •   Loans to Foreign Nationals OK
  •   No Tax Returns Required
  •   Appraisal & Environmental Reports required case by case
Institutional Money

Institutional Construction Financing programs are funded by Bank or Conduit Lenders often requiring full underwriting and loan committee approval.

  •   Closing Time 30 - 60 days
  •   Loan Term of 1 to 5 years available
  •   Loan Amounts from $ 150,000
  •   No Maximum Loan Amount
  •   All Property Types Considered
  •   National Availability
  •   Up to 75% LTV, Loan to Value
  •   Up to 80% LTC, Loan to Cost
  •   Interest Only Paid Monthly / Quarterly
  •   Minimum Credit Score of 650
  •   Origination Fees from 2%
  •   Interest Rates from Prime plus 1%
  •   Draw requests require inspection and professional sign off
  •   Single Purpose or Business Entity
  •   Loans to Foreign Nationals OK
  •   Tax Returns and/or Financial Statements Required
  •   Appraisal, Environmental and other Reports Required
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