Build it new, with the right capital behind it.

Ground-Up Construction, step by step.

1. Start with the budget and the plans. A line-item construction budget and a set of plans, even preliminary sketches, are the first things a lender reads. They tell us the total cost, the timeline and which lenders fit.
2. Your experience sets the leverage. Lenders size the loan as a percentage of total project cost and cap it against the finished value. The more builds you have completed, the more of the cost they will fund. The two columns below show the difference.
3. Money is released in draws. Funds go out in stages as work is completed and inspected, not in one lump sum at closing. You or your contractor carry each stage until the draw is approved, so plan for that cash.
4. Interest only while you build. Most construction loans run 12 to 24 months, interest only, with interest charged on the money drawn so far. The term is built around your build schedule plus a cushion.
5. Plan the exit from day one. Sell the finished property, or refinance into a long-term DSCR rental loan once it is complete and rented. We line up that second loan before the first one closes, so you are never stuck.

These are typical market terms, not a quote. Every file is priced on its own facts and each lender’s current guidelines, and we confirm the exact numbers in writing before you commit.

First-time investor or builder

• Yes, it can be done. Fewer lenders say yes, and we know which ones do.
• Lower leverage. Lenders commonly fund a smaller share of the total cost, so expect to bring more cash to the project.
• A licensed, experienced general contractor is usually required, along with the contractor’s license and insurance.
• More cash held in reserve, to cover interest and overruns while you build.
• A detailed budget, plans and timeline matter even more, because they stand in for a track record.
• Partnering with an experienced builder on the first project can open better terms.

Experienced builder

• Completed builds in your own name, usually within the last 3 years, unlock the higher leverage tiers.
• Lenders commonly fund a larger share of the total cost and may fund some soft costs.
• More flexibility to act as your own general contractor.
• Faster approvals and smoother draws when your track record is documented.
• Bring a list of past projects: address, purchase price and date, sale price and date, entity on title and the construction budget.

Built for these borrowers.

• Investors building a single-family home or duplex to sell
• Investors building to rent and holding with a DSCR loan
• Builders with a pipeline of lots ready to go vertical
• First-time investors partnered with a licensed general contractor
• Developers building small multifamily or townhome projects

Documents to gather.

• Approved terms and a completed application
• Photo ID for every member of the entity
• Articles of incorporation or formation
• Operating agreement or corporate bylaws
• Construction budget, line by line
• Construction plans (preliminary sketches are acceptable to start)
• Survey
• Signed purchase and sale contract, if buying the lot
• General contractor license
• Builder’s risk and liability insurance, ordered through our insurance contact
• Title work, ordered through our title contact
• List of past completed projects, if you have them