Ground-Up Construction Loans

Ground-up loans fund vertical construction for builders and investors who are creating the asset, not renovating one. The structure follows the budget, the draw schedule, and the exit — sale or refinance into a longer note once the building is done.

A typical fit is up to 85% of cost and 100% of construction, 12 to 24 months, interest-only, first lien only, with loans up to $5 million. Plans, a builder, and a realistic budget matter more than a polished personal financial statement.

Eligible property

• Single-family residential
• Condominium
• Townhome
• Non-owner occupied

Figures

Cost / construction

85% of cost + 100%

Term

12–24 months

Maximum loan

Up to $5M

Payments

Interest-only during construction

Lien position

First lien only

What we need first

Plans, budget, and builder

Questions on this program