@Edwin Saldivar  We have a no seasoning product for non-owner occupied property that would allow you to pull cash out based on the new value.

DSCR is a business-only product, so you cannot owner occupy. 

What are some banks/lenders that have loan products for development/new construction projects (building from the ground up)?

But if no one has heard of them and their loan products are too good to be true I would steer clear. 

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans. 

Right now DSCR is really the main product for STR

many licensed institutions offer the same exact product and better terms most of the time then private money still being no income no doc and welcoming first time investors .

You can completely ghost them with no repercussions...I wouldn't really suggest doing that though.  

Brokers can be particularly useful in navigating the complexities of loan products that might fit your situation.Portfolio Lenders: These lenders use their own funds to finance loans and may have more flexible lending criteria than traditional banks.

All of the product is nearly identical in target market reach (Class A, high rent).