Overview
Constructive Loans has particular strength in new construction and ground-up development financing across multiple states including Illinois.
Constructive Loans is based in New York, NY and was founded in 2017. They operate nationally and offer fix-and-flip, BRRRR, rental, new-construction, bridge financing. Their loan amount range runs from $75K to $5.0M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, new-construction, bridge |
| Geographic coverage | National |
| Loan size | $75K – $5.0M |
| Interest rate range | 9% – 12% |
| Origination points | 1 – 3 |
| Max LTV | 80% of ARV |
| Max LTC | 90% of cost |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
Strengths
- experienced new construction underwriting
- broad product suite
Ideal borrower
Investor with new construction or ground-up plans
How Constructive Loans compares for Chicago investors
For Chicago metro investors specifically, Constructive Loans operates as one of multiple national options — competitive on broad product menus but local Chicago lenders sometimes win on relationship and close speed. As an institutional non-QM lender, their underwriting is templated and predictable — fast for experienced borrowers, less flexible for non-standard deals.
Common alternatives in Chicago
- Renovo Financial — Chicago-based, deepest local knowledge
- Kiavi — Tech-forward national leader
- Lima One Capital — Broad product suite, BRRRR-friendly
- Easy Street Capital — STR-DSCR specialist
Constructive Loans FAQ
Yes — Constructive Loans operates nationally and regularly funds Chicago-area deals
Constructive Loans's indicative rate range is 9%–12% with 1–3 points. Pricing depends primarily on funded-deals history, deal leverage, and exit certainty.
Constructive Loans's typical minimum loan is $75K, with maximum loan size up to $5.0M.
Constructive Loans's typical close timeline is 10-21 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
Constructive Loans offers fix-and-flip, BRRRR, rental, new-construction, bridge financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Investor with new construction or ground-up plans
This review is an independent directory listing. Hard Money Chicago is not affiliated with Constructive Loans. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.