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All Forum Posts by: Cynthia Gomez

Cynthia Gomez has started 1 posts and replied 2 times.

Post: PML for New Construction

Cynthia GomezPosted
  • Posts 2
  • Votes 0
Quote from @Chris Seveney:

@Cynthia Gomez

We work with a few that will lend on new construction without a new build experience

Depends on down payment as well as potentially cross collateralizing it


 Thank you for your reply @Chris Seveney. Are you able to name any that will fund with 10-20% down? Thanks again!

Post: PML for New Construction

Cynthia GomezPosted
  • Posts 2
  • Votes 0

I am looking to build a SFR on .5 acre in AZ. I am a licensed agent, have done Fix and Flips and Wholesale. I have looked into different PML online and it seems that their requirements are very straight forward but they do require at least 1 new construction in the last 3 years. Does anyone have any recommendations on PML's? TIA