NEW CONSTRUCTION LENDING
Loans for investors who are buying distressed properties, rehabbing, and selling. Sensible, flexible, and fast!
- Up to 92.5% LTC, 75% LTV
- Loans from $75K to $3MM
- 13, 19, 24-month term options
- Non-recourse available
- Interest only loans
- 1-4 unit residential properties
- In-house construction management
Loans for investors looking to buy, rehab and hold rental properties. Buy, renovate, rent, repeat! Finance all your B.R.R.R.R.s with a simple, fast process!
- Single property and portfolio loan options
- Fast, simple closings on both the construction loan and rental loan
- 13, 19, 24-month term options for the construction
- 5, 10, 30-year term options for the rental loan
- Non-recourse available
Interim financing for investment properties where a fast close is needed and minimal or no rehab is planned.
- Fast closing
- Exterior valuations*
- No prepayment penalty
- Up to 80% LTV
- Non-recourse available
- 13, 19, 24-month term options
- Single loans and portfolio blanket loans
A line of credit from J&J Capital provides you with certainty, knowing you have easily accessible capital with reliable terms and structures, whenever you need it.
Your line of credit can be used to finance multiple product types, including new construction, bridge, and fix-and-flip properties.
Our average time from initial submission to borrower approval is under 10 days.
One-time borrower underwrite with a simple, non-invasive renewal process to extend credit line duration. This means once you’re approved, we only need to underwrite the property before funding, not the borrower.
IN HOUSE SERVICING THROUGHOUT THE TERM OF YOUR LOAN
Best in Class
- Delivers exceptional customer service at every single step along the way
- Retains all customer touch points in house, from initial application to final payoff
- Has all the loan programs you need (rehab, rental, new construction, multifamily)
- Has a variety of term and structure options (13-24 months, non-recourse, single loans and portfolios)
- Has a simple and flexible Line of Credit that allows funding for all loan programs, with a simple borrower underwrite and a simple renewal process
- Fast underwriting and draw process
- Pay interest only on what you draw, not on unused funds
The Usual
- Gives customer experience lip service, but fails to deliver when it matters
- Outsources the most important aspects of the loan (construction management and servicing), forcing you to deal with multiple vendors out of the lender’s control
- Has limited loan programs and product options
- Requires constant re-underwriting and the same documents over and over
- Takes forever to sign off on a project
- Painfully slow to release draws
- Requires you to pay interest on unused funds
