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Updated over 2 years ago on . Most recent reply

Looking for conventional lender on a duplex build
Hey everyone.
I'm having a hard time finding a lender that will lend on a new construction duplex, this will be owner occupied. Any recommendations would be great!
Thanks!
Most Popular Reply

Hi @Steven Moore!
Unfortunately, most conventional lenders WILL NOT lend on a new construction project, until the project is finished. You will need a Hard Money Loan to finance construction most likely (or a private money solution).
But, once construction is finished, you will likely be able to finance with a conventional lender.
For either solution, you might try contacting with @Michael David here and he could probably help you out with this!