New Construction Loan Program

GeographyAll states except AK, AZ, CA, MN, ND, NV, NY, OR, SD, UT and WA
Loan PurposeResidential
Loan Amount$100K +
Loan ProcessPaperless, automated and online
PrePayment PenaltyNone
TermsUp to 24 months
Loan To Cost MaxUp to 90% of actual cost
RatesStarting at 6.99%. 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
Experience2+ exits within the last 3 years
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