New Construction Loans

Take your construction level to the highest of heights while we cover up to 100% of construction costs
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Construct 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
Get started on that next real estate investment with these simple next steps

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!

LENDING TERMS – MADE SIMPLE

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 TypeSingle Family Residential, Multi-Family (1–4 Units), Small Development
Exit StrategyBuild to Sell, Build to Rent
Lending AreaNATIONWIDE
Max LTV100% of construction costs and up to 85% of total project costs
Max ARVUp to 75%
Interest RateFrom 7.74%
Loan TermUp to 24 months (no pre-payment penalty)
Upfront AppraisalFrom $695 (paid upfront, pass-through cost)
Loan Origination PointsFrom 1.5%
Processing & Underwriting FeeFrom $1,995 (paid at settlement)
Interest ReservesUp to 6 months
Draw Inspection FeesFrom $150

For full lending terms, please download our Term Sheet PDF.

Download Term Sheet

Not all borrowers will qualify for the lowest rate. Some exclusions apply by state.

READY TO GET STARTED ON YOUR NEXT REAL ESTATE INVESTMENT?

Speak with a Lending Professional by calling 1-917-830-7144 or fill out the form below.