New Construction Loan Program

GeographyAll states except CA, ND, SD and NV. 
Loan PurposeResidential
Loan Amount$100K +
Loan ProcessPaperless, automated and online
PrePayment PenaltyNone
TermsUp to 24 months
Loan To Cost MaxUp to 70% of actual cost
Downpayment Minimum50% on the purchase of the buildable lot 
RatesStarting at 10%. The more money down the lower the rate.
Determination of ValueAppraisal ordered by NavCap using approved Appraisal Management Company (AMC) 
BorrowerLoans are made to business entities (e.g., LLC, Corps, etc.) only -- not individuals
Credit ScoreGenerally 600 or higher for experienced borrower (2+ recent flips). 680+ for all others.
Credit GridNo foreclosures in last four years, no open tax liens, and no bankruptcies discharged in the last two years.
OccupancyNon-owner occupied
IncomeNot required
Environmental Feasibility and Environmental Impact studies required
StructuralArchitectural plans and building permits in hand. No raw land. 
Inspection Fee$250 per inspection
Navigator Private Capital, LLC 1910 Towne Centre Blvd Suite 250 Annapolis, MD 21401. Navigator Private Capital only makes loans for business purposes and is not a residential mortgage lender. Navigator Private Capital is exempt from licensing requirements in our geographical footprint except in MN (MN-BR-1732237). For questions about this license, contact MN Dept of Commerce by phone at 651.539.1600 or via email at This is not an offer to lend or to enter into an agreement. For more information, email us at