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Heavy Rehab and New Construction Loans

If you're the kind of person who can look at an old property or vacant lot and see potential, the Constructive Loans is the company to work with. We help savvy investors like you get the money you need to fix a property in need of major repairs or build from the ground up for a profit. For heavy rehab and new construction loans, get in touch. We're based in the Chicago, IL, area, but we serve investors nationwide. 

How It Works

Our Heavy Rehab and New Construction loans make it easier for residential real estate investors in the Chicago area to purchase and repair homes that are in bad shape. These Heavy Rehab and New Construction Loans make it very convenient for real estate investors to get involved in this type of project because we offer flexible terms and will work with investors and brokers to meet your financing needs. We can lend to individuals, borrowing entities, or foreign nationals, and offer short 12-24 month terms and loan sizes between $125,000 and $1.5 million. We also offer Heavy Rehab and New Constructions loans with Dutch interest, which calculates payments on partial advancements in a construction loan. For Non-Dutch loans, the repair money is assessed interest only as it is disbursed to the borrower rater than right upfront. For real estate investors looking to fund ground-up construction projects, we can offer an initial advance of up to 60% of land value.

How to Start

The Constructive Loans team has originated over 10,000 loans from our offices in Tempe, AZ, Farmers Branch, TX, and the Chicago, IL, area. We pride ourselves on being reliable fix-and-flip lenders with a variety of products to suit every potential investor. When you're looking for hard money lenders, get in touch with us. Call us at 833-250-7634 to speak with a loan officer or get started online. We look forward to doing business with you and helping you on your way.

Heaby Rehab and New Construction

 Loan Features

Minimum 680 FICO

Up to 75% of Rehab

12-24 Month Terms Available

Loan Size From $125,000 to $1.5 Million


  • Company State Licenses

 

CONSTRUCTIVE LOANS DISCLAIMER

Constructive Loans is a division of Fay Financial, LLC, dba Constructive Mortgage Services. Illinois Residential Mortgage Licensee NMLS ID 88244.
Illinois Department of Financial and Professional Regulation. 425 S. Financial Place, Suite 2000, Chicago, IL 60605.

This website may be used by commercial lenders, brokers and borrowers and may not be used by members of the general public or residential owner occupied mortgage loan applicants in particular. The use of this website DOES NOT constitute an application for a mortgage loan and the pre-qualification and program recommendations generated by this website DO NOT under any circumstances constitute either a formal or informal loan approval or rate commitment. Terms and pricing recommendations generated by this website are subject to change without notice. Adjustable rate programs, fixed rate programs, pre-payment penalties, and applicable fees will apply according to separate guidelines and may change the nature of the pre-qualification and program recommendations generated by this website.

© 2021 Constructive Loans. All rights reserved.

425 S. Financial Place, Suite 2000 | Chicago, IL 60605

 

 

CONSTRUCTIVE LOANS DISCLAIMER

Constructive Loans is a division of Fay Financial, LLC, dba Constructive Mortgage Services. Illinois Residential Mortgage Licensee NMLS ID 88244.
Illinois Department of Financial and Professional Regulation. 425 S. Financial Place, Suite 2000, Chicago, IL 60605.

This website may be used by commercial lenders, brokers and borrowers and may not be used by members of the general public or residential owner occupied mortgage loan applicants in particular. The use of this website DOES NOT constitute an application for a mortgage loan and the pre-qualification and program recommendations generated by this website DO NOT under any circumstances constitute either a formal or informal loan approval or rate commitment. Terms and pricing recommendations generated by this website are subject to change without notice. Adjustable rate programs, fixed rate programs, pre-payment penalties, and applicable fees will apply according to separate guidelines and may change the nature of the pre-qualification and program recommendations generated by this website.

© 2021 Constructive Loans. All rights reserved.