No Income Verification Residential Ground-Up Construction Loans for Investment Properties
A No Income Verification or “No Doc” ground-up construction loan for a residential investment property is a short-term loan used to finance the building of a new property from the land purchase through completion. Instead of receiving the full loan amount upfront, funds are typically disbursed in stages (called draws) as construction milestones are met. These loans focus heavily on the project’s projected value upon completion, the construction plans, budget, and the builder’s experience.
Key Highlights for this loan
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Best For:
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First time investors
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Experienced builders and developers
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Investors needing fast access to capital
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Borrowers with non traditional or complex income
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Experience Requirements
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No prior experience required
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First time investors eligible
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Strong project viability and exit strategy considered
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Coaching friendly structure for new investors
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Credit Score Requirements:
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Typically 620+ minimum guideline
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Credit depth and recent payment history reviewed
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Lower leverage options may allow flexibility
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Loan Amounts:
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$150,000+
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Scalable for multiple projects
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Suitable for single family, small multifamily
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Flexible structures for repeat investors with experience
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Loan to Cost
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Up to 92.5 percent on ground up construction
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Lower leverage may improve pricing and terms
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Term Structure:
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12 to 18 month standard terms
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Extension options available
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Interest only payment structure
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No prepayment penalties
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Eligible Uses
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Ground up residential construction projects
HOW IT WORKS
Fast & Easy Application Process
Complete a short 1-minute form to tell us more about your loan request and situation.
Expert Consultation
You’ll be assigned to a OCL Loan expert who will guide you through the process.
Select A Loan
Your loan expert will present you with the best available options for your loan.
