New Construction Loans
Take your construction level to the highest of heights while we cover up to 100% of construction costsConstruct your project with ease.
With BFG on your side, you can’t go wrong. We will be there to help you build your next dream project. Our flexible loans offer reliable capital, with up to 100% of construction.
- Close your deal in as few as 5 days
- 100% of construction costs and up to 85% of total project costs
- Up to 75% ARV
- Rates from as low as 7.74%
- Hassle-Free structure with minimal fees
- up to 24 month loan terms
Starting the process has never been easier.
We offer clear lending terms that brings you closer to funding your investments.
1. Submit Your Application
Fill out our quick and easy online application with the details of your deal. A BFG team member will be in contact to discuss possible next steps
2. Get Approved
Designed with your success in mind, our loan programs combine low fees, high leverage, and helpful underwriting to get your deals closed
3. Start Building
After receiving an agreement to fund, it’s time to start construction and get you closer to completion!
With terms designed to make your life easier and to get your deals closed quickly, Brooklyn Funding Group delivers top of the line creative and professional support. Review our general terms below, and see if BFG is the right firm for your project.
| Property Type | Single Family Residential, Multi-Family (1–4 Units), Small Development |
| Exit Strategy | Build to Sell, Build to Rent |
| Lending Area | NATIONWIDE |
| Max LTV | 100% of construction costs and up to 85% of total project costs |
| Max ARV | Up to 75% |
| Interest Rate | From 7.74% |
| Loan Term | Up to 24 months (no pre-payment penalty) |
| Upfront Appraisal | From $695 (paid upfront, pass-through cost) |
| Loan Origination Points | From 1.5% |
| Processing & Underwriting Fee | From $1,995 (paid at settlement) |
| Interest Reserves | Up to 6 months |
| Draw Inspection Fees | From $150 |
For full lending terms, please download our Term Sheet PDF.
Not all borrowers will qualify for the lowest rate. Some exclusions apply by state.
Speak with a Lending Professional by calling 1-917-830-7144 or fill out the form below.