Money Bag NEW CONSTRUCTION LOANSFAST AND EASY FINANCING FOR YOUR NEW CONSTRUCTION PROJECTS

Get your funds quickly so you don’t miss important opportunities.


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Getting Started is Easy!

What are your goals? Use these quick links to get informed, and get started

Fast Approvals

We have streamlined our approval process to get you approved FAST!

Easy Process

Our easy application process doesn’t require you to fill out endless forms or to provide supporting documentation.

Competitive Rates

We are here to get you funded fast, easy, and at fair competitive rate.

Funds in 14 - 21 Days

Most loans are funded in only 14 to 21 days, so you can get on with your life.

NEW CONSTRUCTION LOANS

  • First-Time Investors Welcome
  • 12-24 Month Interest Only Terms
  • 650 Minimum Fico Score
  • Interest Rates Starting at 10.25%
  • Funding up to 90% Loan To Cost
  • Single-family, 2+ Units, Multi-property
  • New Construction experience required

    ABOUT NEW CONSTRUCTION LOANS

    New Construction loans are used exclusively for residential real estate opportunities. Typically, the borrower needs 8 to 12 months from the date of purchase to build the property and resell it for a profit.

    Most new construction investors will purchase distressed property or vacant land with the intention of building a new property. The ultimate goal is for the investor to sell or rent the property under the following three conditions:
    • Minimize the construction expenses as much as possible.
    • Maximize the market value of the property for resale.
    • Retain the property for the shortest possible time
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    We have secured many long-term relationships with private money lenders and investors over 30+ years in the lending business. Our reputation for integrity and our ability to secure reliable funding have earned us the respect and trust of our clients and the industry. This is why Money Bag Financial is a great partner to work with.

    We get you funded quickly with an easy process so you don’t miss a great opportunity!
    • Minimize the expenses as much as possible
    • Maximize the market value of the property
    • Retain the property for the shortest possible time
    See Loan Options

    NEW CONSTRUCTION LOAN FAQ’S

    Get Answers to All your Investor Questions?

    The following property types are eligible for our fix and flip loans:

    • Single Family Residence (SFR)
    • Multi-Unit Properties
    • Condominiums
    • Townhouses

    We offer Fix and Flip loans in all 50 U.S. states.

    Because we specialize in New Construction loans, we manage these loans differently - taking into account current real estate trends and other common sense factors. As a result, we do not require traditional documentation like tax returns or income statements. The following documents are requested as part of your New Construction loan application:

    • Sales Contract
    • Construction Budget
    • Previous Experience

    Yes! We are proud to be a trusted partner of many companies that work on new construction projects.

    Get Answers to All your Investor Questions

    Absolutely! We work with many first time builders. In fact, we are unique in our ability to get you funded with Fix and Flip loans when many other lenders would not successfully secure your funding. It’s one of the great benefits of working with Money Bag Financial!

    No, there is no prepayment penalty on our new construction loans.

    Yes. As a new construction expert lender, we understand that most new construction projects need additional funds for the construction and repair costs in order to be successful. Our new construction loans include these repair costs as part of the loan.

    Our new construction loan process is quick and easy. Most loans are funded in 14 to 21 days – so you will never miss a great opportunity.

    EASY PROCESS

    Our new construction loan process is quick and easy. Most loans are funded in 14 to 21 days – so you will never miss a great opportunity.

    We make sure our new construction loans get closed in a quick and convenient manner so that you can get the funding for your project easily! Call one of our loan experts at (609)800-FUND to discuss a possible loan, or click below to get started on the application!

    PDF Forms:

    Uniform Residential Loan Application

    Uniform Residential Loan Application — Unmarried Addendum

    Uniform Residential Loan Application — Additional Borrower