PPF Term Sheet Builder
Commercial-purpose loans only. Eligible collateral: 1–4 units (non-owner occupied). No rural. Not lending in NV, ND, SD, VT.
Reno max: $4M ($5M exec) Bridge max: $5M ($6M exec) GUC max: $4M ($5M exec) Budget: 10% contingency Reserves: 15% of budget Rate Sheet: v2026.3.1

Inputs

Status: Ready
Deal
Manual rate override
If checked, the rate won't auto-update.
Add interest reserves to cash required
Collect 11 months (term − 1).
🔧 Manual reserve months override
Check to manually set the number of months for interest reserves.
Include funded interest reserves in GUC sizing
Sizes LTC using Project Cost = Land + Budget + Funded Interest.
Ground-Up Construction
$
$
$
$
$
%
📌 Land Ownership Guide:
Already own free & clear: Set "Own land?" = Yes, "Free & clear?" = Yes, enter basis in "Land basis"
Already own with mortgage: Set "Own land?" = Yes, "Free & clear?" = No, enter basis and owed amount
Purchasing now: Set "Own land?" = No, enter purchase price in "Land purchase amount"
🔧 Manual leverage override
Check this to manually set LTC and LTARV caps below.
GUC Tiers: Tier 1 (5+ exp), Tier 2 (3–4 exp), Tier 3 (1–2 exp), Tier 4 (0 exp).
💡 GUC Special: 95% LTC / 75% LTARV for project cost under $1.5M — applies to Tier 1 borrowers and to 720+ FICO / 0-experience (Tier 4) borrowers.
💰 Funded Interest: Interest reserves are rolled into the loan when there is room under LTC/LTARV caps. Same applies for Fix & Flip.
Fees
$
$
$
$
$
Points & Broker
$
Broker points capped at 3.00. Lender points in 0.25 increments.
Ready.

Term Sheet

Generated:
Term Sheet
Generated: —
$—
Loan Amount
Rate
$—
Cash to Close
Deal
Program
Transaction
Tier / Level
FICO / Experience
Property Type
Term / Rate
Land / as-is basis$—
Budget (input)$—
10% contingency$—
Total budget (used)$—
ARV$—
Permits ready
Land basis$—
Land equity credit$—
Leverage
Max LTV
Actual LTV
Max LTC
Actual LTC
Max LTARV (adj)
Actual LTARV
Binding constraint
Base Loan$—
Construction Holdback$—
Funded Interest $—
Total Project Cost$—
Total Loan$—
Cash Required
Borrower Contribution$—
Closing Costs$—
Interest Reserves$—
Payoff(s)$—
Total Cash Required$—
Reserves Needed$—
Total Assets Needed$—
Costs & Payments
Underwriting Fee$—
Attorney Fee$—
Title Insurance$—
Insurance Premium$—
Lender Points$—
Broker Points$—
Broker Proc Fee$—
Total Closing Costs$—
Monthly IO Payment$—
Important: Quote/estimate only. Final terms subject to underwriting.
Scope: Commercial-purpose only. 1–4 units (NOO). No rural. Not lending in NV/ND/SD/VT.
Max loan amounts: Reno $4M ($5M exec), Bridge $5M ($6M exec), GUC $4M ($5M exec).
Third-party fees not included: Title insurance, title search, per diem interest, recording fees, survey, and other third-party closing costs are not reflected in this quote and will be required at closing.