New construction, SFR, build to sell, desired loan amount - up to $450K

[CFLLC]

I have a client purchasing a 4+ acre lot in an existing subdivision in SW Colorado (USDA-defined ‘rural’ area) for the purpose of building a SFR to sell. The client anticipates selling the new home for ~$625K, and expects the land purchase plus the construction of the home to come in under $425K. The client has construction and fix-n-flip experience, and his credit score is in the mid-700 range. Direct lenders/funders only, please email me at clark@cumberland-financial.com.