Ohio Ground-Up Construction provide business-purpose real estate investors with Up to 85% LTC / 70%–75% Completed ARV across loan amounts from $100,000 – $15,000,000+ at 9.75% – 11.75% Interest-Only on Drawn Funds (12 – 24 Months Interest-Only, 660+ FICO min FICO, 14 – 21 Business Days close). In Ohio (OH), lenders underwrite to a Judicial (County Court of Common Pleas) statutory framework (160–220 days-day average timeline), a 1.48% average property tax rate (~$315/mo at the $255,000 state median), and $490/$100K hazard insurance (~$104/mo).
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