1) Private Construction Loan (no rehabs), STATED INCOME (minimum $120k loan amount)
          INVESTOR 60% LTV, LAND MUST BE FREE & CLEAR!!
       Terms- 9 Months + extensions. We will provide Refi into perm loan
       Rate - 4-6%, Interest only
       Fees - 2-3pts
       Fico- 700+ fico, down to 660 fico case by case
       Reserves- Stated Income/Stated Asset, 0-20% down depending on file
       Other- No Bankruptcy in 5yrs, no reporting foreclosures or short sales
       Loan amounts & Properties- 1-2unit conforming loan limits, up to 600k case by case.
       OWNER OCC. 70%LTV, LAND MUST BE FREE & CLEAR!!
       Terms- 6 Months + extensions. We will provide Refi into perm loan
       Rate - 3-5%, Interest only
       Fees - 1.5-2.5pts
       Fico- 700+ fico, down to 660 fico case by case
       Reserves- Stated Income/Stated Asset, 0-20% down depending on file
       Additional guidelines same as above
          Apply Online 

      2) FHA 203k Renovation loan, 97% loan to cost (minimum $120k loan amount)
       Owner Occupied Only, Full Doc, rehab loan (construction completions case by case!)
       Terms- Fixed and arms
       Rate -low fha rates
       Fees - 1-2pts.  Fees can be rolled into the loan. 
       Fico - 580 Fico Full Doc only!
       Reserves- none,
       Loan amounts & Properties- Residential 1-4units
           Apply Online

    
       3) Bank Renovation OTC loan (minimum $120k loan amount)
        INVESTOR 75-80% "Loan To Cost" Full Doc, Rehab Loan (Refi's based on compl. value)
        Terms- 30yr fixed
        Rate - Permanent rate(6-7%), prime+1-1.5% during rehab/constr. period
        Fees - 1-2pts
        Fico- Full Doc w/720 fico, Self-Employed w/740 fico, Stated not available
        Reserves- Determined by Underwriting (typically 4months)
        Other- No Bankruptcy in 2yrs, Need 3 credit lines, Construction Completions case by case!
        Loan amounts & Properties- 1unit conforming loan limits
        OWNER OCC. 95% "Completed Value" Full Doc (Purchases based on Loan To Cost)
        Rate - Permanent rate(5-7%), prime+1-1.5% during rehab/constr. period
        Fees - 1-2pts
        Fico- Full Doc w/680-700 fico, Stated not available
        Reserves- Determined by Underwriting (typically 3months)
        Additional guidelines same as above, except 2units are acceptable
        *Construction Loans maxed at 85% Loan To Cost
            Apply Online 

     4)Bank Rehab/Construction (minimum $120k loan amount)
         INVESTOR 65% "Completed Value" Full Doc, 20% minimum cash investment!
         Terms- I/O no prepay, this is not a one time close (no perm loan)
         Rate - 9-10%
         Fees - 2-3pts
         Fico- Full Doc w/620 fico, DTI flexible!
         Reserves- 6months
         Other- No Bankruptcy in 3yrs, No Prepay
         Loan amounts & Properties- 1-4unit, loan amount case by case if > conforming limit

          5) Investment Construction Loans,  Full doc, 80% loan to cost.  620+ fico's.

          6) Owner Occ. Construction Loans,  Full doc, 85-90% LTV.  620+ fico's
          Apply Online

        
           * For Rehab/Construction on Commercial Properties please see the Commercial page

           Please feel free to apply online and a Windsor representative will get back to you.
           Apply Online
          
          
           zach.johnson@windsorcap.com