New Construction Loan Program

GeographyOnly CO, CT, DE, FL, GA, KS, MD, MA, MO, NJ, NC, OR, PA, RI, SC, TN, TX,  VA, WA, WV
Loan PurposeResidential
Loan Amount$100K +
Loan ProcessPaperless, automated and online
PrePayment PenaltyNone
TermsUp To 18 Months
Loan To Cost MaxUp to 85% of actual new build cost
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 680 or higher
Experience1+ exit within the last 2 years within same area as new project
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. 
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. This is not an offer to lend or to enter into an agreement. For more information, email us at