Ground-Up Construction
Funding Programs
Why Choose Kovo Capital
Flexible Terms.. Quick Closing
- Up to 90% LTC
- 12 – 24 Months Loan Terms
- Interest Only Payments
- No Experience Needed
- Competitive Rates
- NO PREPAYMENT PENALTY – Payoff the Loan at any Time
- Refinance into a 30-year fixed-rate mortgage when done!
- No Tax Returns Needed
- Not Reported On Credit Score
- Nation Wide Lending
Request a customized quote today!
Our Area Of Specialty
Property Types
- Single Family Houses
- 2-4 Residential Units
- Townhomes
Requirements
- $250,000 – $20,000,000
- Minimum 650 FICO credit score
Construction Loans
Kovo Capital specializes in hard money construction loans tailored for developers focused on residential property projects. Our New Construction Program is the perfect solution whether you’re demolishing an existing home to build anew or acquiring a lot for your construction plans. In the realm of construction endeavors, having a swift and reliable financing partner is paramount. At Kovo Capital, we take pride in our commitment to providing an unparalleled level of service to our borrowers, ensuring that construction draws are efficiently processed within 48-72 hours. Timely disbursement to your contractors is a cornerstone of project success. Kovo Capital eagerly anticipates the opportunity to stand by your side as your trusted financial partner for your upcoming construction venture.
How It Works
Our Simple Loan Process Consists Of These Simple Steps.
Step 1
Complete the quick online form with the necessary details about your investment property. We can send you a report on your costs and terms in about 5 minutes. There is no cost or obligation.
Step 2
We approve your loan with no credit check.
Giving you the exact loan terms in as little as one hour. You will have your rate, points, down payment requirement, and costs. Once you lock in the terms you want, we issue an approval letter that you can submit with your bid.
Step 3
While we wait for your appraisal report to be completed, a dedicated loan officer will work side by side with you to gather our minimal document list.
Step 4
With your commitment letter in hand, our goal is to close within 5-15 business days.
