REAL ESTATE FINANCING
Ground-Up Construction
Draw-based financing for experienced developers building investment properties.
See If Your Deal QualifiesProgram Details
- Best For
- Experienced sponsors with a clear construction plan, budget and exit.
- Loan Amounts
- $50,000–$5 million
- LTV / LTC
- Up to 75% of qualifying land value or cost, plus eligible construction costs; overall loan limited by completed value.
- Typical Terms
- Typically 12 months; extensions subject to approval.
- Property Types
- Eligible investment development projects.
- Key Qualifications
- Prior ground-up experience; typically 680+ credit score; credible budget and exit.
- Important Requirements
- Plans, zoning, permits, valuation, liquidity and guarantees. Unpermitted sites require additional review. Owner-occupied projects are outside this investment program.
LTV is loan-to-value. LTC is loan-to-cost. ARV is after-repair value. Each applicable limit must be met; advertised maximums are not available for every deal.
Program Options
Land
Case-by-case financing for qualifying land acquisitions and predevelopment capital needs.
- Loan Amounts
- $350,000–$25 million, subject to site review.
- Typical Terms
- 6–12 months.
- Key Qualifications
- Documented site value, entitlement status, financial capacity and exit.
Get a current review.
Pricing is based on your property, experience, credit and current market conditions. Apply for a current quote.
Apply NowProgram availability and terms depend on the property, borrower and current underwriting. Maximums are conditional and are not a commitment to lend.