Constructive Capital

Constructive Capital is a nationwide provider of business-purpose loans on non-owner-occupied residential property, sold through mortgage brokers rather than direct to consumers. Programs cover DSCR rental loans, fix and flip, ground-up construction, and lines of credit for short- and long-term residential investments.

The company positions itself as a wholesale partner to brokers: account executives take scenarios on new loans and push existing files toward closing, a 30-day rate lock is offered, and several term lengths are available so a broker can put more than one structure in front of an investor client. It says it diversifies its capital sources so it can hold price in rising-rate markets, and that its turn times let it fund 85% of approved wholesale applications within 20 days.

All loans must be solely for a business or commercial purpose and secured by a non-owner-occupied property. In Arizona, California, Idaho, Minnesota, Oregon, Utah, and Vermont the products are offered by BPL Mortgage, LLC (NMLS ID #2574042); in other states they are offered by Constructive Loans, LLC d/b/a Constructive Capital. Products are not available in North Dakota, Nevada, or South Dakota, and California loans are made under California Financing Law License #60DB0-192818.

The firm works from 1801 S. Meyers, Suite 400, Oakbrook Terrace, Illinois. Its site is directed at mortgage professionals, states that use of the site is not a loan application, and notes that rates, terms, and conditions change without notice; pricing comes through the broker channel.