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New Construction

New Construction

Easy Street Capital services all construction loans from start to finish and provides a unique level of service in the industry.  We understand the importance of getting paid on time and want to ensure that your construction project goes as efficiently as possible.

Program Terms

  • Loan Size $100,000 - $3,000,000
  • NO Credit Checks
  • NO Appraisal
  • NO Prepayment Penalty
  • NO Junk Fees
  • 11.9%-12.9% Monthly Interest Only Payments
  • Discounted pricing for repeat borrowers
  • 2-4 Points
  • Interest Only
  • $595 Doc Fee
  • 9-12 Month Term (w/ extension provisions)
  • Up to 85% Loan to Cost (LTC)
  • Up to 65% Loan to Value (LTV)

 

Easy Street Capital provides hard money construction loans for developers building residential properties. The New Construction Program is the right fit if you are tearing down an existing home to build new construction or are simply purchasing a lot to build on. With any construction project it is important to have a timely financing partner. Easy Street Capital prides itself on delivering an exceptional level of service for our borrowers and making sure that construction draws are processed in 48-72 hours. Making sure your contractors get paid on time is key to a successful project. Easy Street Capital looks forward to being your financing partner for your next construction project.


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Michael Heller
July 12, 2018

This was my first hard money loan, and Easy Street was the only place with a loan that met my needs. Easy Street worked quickly to put the deal together. Everything was as it was said it would be; I paid the agreed upon fees and interest and there were no surprises save a document fee at payoff. In a world where people are trying to scam you right and left, I was pleased and relieved that Easy Street was trustworthy and honest.

Judson Greene
July 12, 2018

I was able to obtain a loan from Easy Street to invest in purchasing a house in TX for fixing up & flipping. Easy Street is one of the best lenders I have dealt with and they are genuinely interested in assisting the investor to be successful with whatever your project is. I would highly recommend them to anyone who needs funds for investment in real estate.

Ross Cooper
July 12, 2018

I have had a good experience with Easy Street Capital. I was able to close my deal quickly with very timely underwriting. The company should be able to close very quickly if you need a quick close. The rehab draws I requested were reviewed and issued quickly as well (basically next day or two). The communication and all processes of the loan have been simple throughout my time working with them.

Catherine Cassile
July 12, 2018

Easy, efficient, and perfect for flippers! We love doing business with the company and are completing our third flip in 9 months! Thank you! Thank you! Looking forward to doing business on the next one.

Brandon Richard
July 12, 2018

Well done! When my initial lender asked for an extension 3 days before closing the Easy Street team stepped in and saved the day! I appreciate their ability to close quickly and get the deal done.

Christopher Delgado
July 12, 2018

Easy Street has been very easy to work with. We appreciate the communication and quick responses. They really do understand that time is of the essence in real estate. The entire process was a breeze and we look forward to continue working with them!

Angel Cepeda
July 12, 2018

Easy Street was flexible enough to work around some extension issues due to some unseen hurdles in my house flip. Eternally grateful to Easy Street for making things as smooth as possible. Would definitely recommend them to anyone getting started in house flipping.

Mike Nwanju
July 12, 2018

In a market that is full of hard money lenders, we made the best choice in using Easy Street. Closed my deal on time and they didn’t ask me to bring my “first born”. It was easy and it allowed me to start my business and keep more of my profit!!! Easy Street is the best in the business! Straight forward & easy!!

Mirelle Leguia
July 12, 2018

Easy Street is great for investors needing to close fast at competitive hard money rates. They have much less red tape to approve and the numbers make sense. This really made it possible for us to move fast and get the deal done.

Construction Recent Fundings

Easy Street Capital processes construction draws in 48-72 hours!

Total Loan Amount
$298,000
Initial Funding
$198,565
Construction Funding
$99,435
Loan-to-Cost (LTC)
85.1%
Loan-to-Value (LTV)
64.8%

Experienced borrower construction additional square footage.

6035 Bankside

Houston, Texas

Total Loan Amount
$215,000
Initial Funding
$40,000
Construction Funding
$175,000
Loan-to-Cost (LTC)
83.3%
Loan-to-Value (LTV)
69.4%

Experienced developer building entry level house on 1 lot.

715 Mulberry

Dallas, Texas

Total Loan Amount
$407,000
Initial Funding
$165,000
Construction Funding
$242,000
Loan-to-Cost (LTC)
89.1%
Loan-to-Value (LTV)
60.7%

Quick closing to allow developer to build 2 units on 1 lot.

1193 EM Franklin

Austin, TX

fix-and-flip-cover

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