Construction and fix-and-flip loans for builders and investors
We underwrite your project, close it, and fund every draw ourselves, from the closing wire to the payoff.
Loans
New construction
Spec homes built to sell. We lend on the lot and the construction budget, and release the budget in draws as the work is done.
Apply for a construction loanFix and flip
Houses bought to renovate and sell. We lend on the house and the renovation budget, and release the budget in draws as the work is done.
Apply for a fix-and-flip loanBusiness-purpose loans only, to builders and investors. We do not lend on a home the borrower will live in.
Process
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Step 1: Tell us about the project
The address, what you are paying for the lot or the house, your budget for the work, and what it should be worth when it is done.
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Step 2: We underwrite it and send terms
One of the three of us looks at the deal, the property and your track record, and comes back to you directly.
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Step 3: Close through a title company
We fund the purchase at closing. The construction or renovation budget is held back and released in draws.
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Step 4: Draws through the build
Request draws in the borrower portal with photos of the work. We check each one against your budget and wire it.
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Step 5: Sell the house and pay off the loan
The loan is paid off from the sale proceeds at closing.
Team
You deal with the people who decide. Each application is answered by Nick, Foley or Matt. We underwrite and approve every loan.
Nick Guidry
New loans, underwriting and draws
Nick takes a new project from the first call through underwriting, then reviews its draws through the build.
Foley Schmidt
New loans, underwriting and draws
Foley takes a new project from the first call through underwriting, then reviews its draws through the build.
Matt Howitt
Underwriting, closing, servicing and operations
Matt underwrites, prepares the loan documents, and runs servicing and the firm's operations.
Current borrowers
Request a draw, see your statements, or get a payoff quote.