Construction Loans
Financing for new construction projects from land acquisition through completion. Land and construction in one loan with draws released as you hit milestones. First build or seasoned developer — both welcome.
- 11–14%
- Rates
- Up to 90%
- Cost
- 12–24 mo
- Terms
A ground-up construction loan finances a build from raw or infill land through certificate of occupancy. It covers both the land acquisition and the vertical construction in a single loan, with funds released in draws as you hit defined milestones — foundation, framing, mechanicals, finishes.
Bank construction lending is notoriously slow and rigid. Draw requests sit in queues, inspectors take weeks, and a delay in reimbursement can idle your entire crew. As a direct lender, I keep draw inspections fast and decisions in-house so your build keeps its momentum and your subs stay paid.
Whether you are a first-time builder doing a single spec home or a developer running multiple infill lots, the structure is the same: sensible leverage against cost and completed value, milestone draws, and a lender you can actually reach when a change order comes up mid-project.
Why It Works
- Land + construction in one loan
- Draws released as you hit milestones
- First build or seasoned developer — both welcome
Best For
- Ground-up residential builders
- Spec and infill developers
- Builders who need land and construction in one loan
Rates & Terms
- Rates between 11–14%
- Up to 90% of cost
- Land acquisition included
- Points from 2
- 12–24 month terms
Process
- Milestone-based draws
- Fast draw inspections
- Designed for residential or small commercial projects
Collateral
- Ground-up residential
- Small commercial
- Infill & spec builds
How Construction Funding Works
- 01
Send The Project
Share the land, your budget, plans or scope, and timeline. Land purchase can be rolled into the loan.
- 02
Underwrite The Build
I size the loan against total project cost and completed value, then structure a draw schedule around your milestones.
- 03
Close On Land
Close and take down the land. Construction funds are set aside and released as each phase is completed.
- 04
Build & Exit
Draw through the build, reach C.O., then sell or refinance into a permanent loan.
Recent Construction Deals I've Funded
Real closings, real investors. Here are recent construction projects funded with the same speed and terms waiting for your next deal.
New Construction$612,500
Philadelphia, PA
Multi-Family
Qualifying For A Construction Loan
I underwrite on the deal, not red tape. Here's what makes a construction loan easy to approve.
- Land under contract or owned (can be financed in)
- A realistic construction budget and scope
- Plans, permits, or a clear path to them
- A licensed builder / GC on the project
- A defined exit — sale or refinance
Construction Loan FAQs
- Do I need prior construction experience?
- No experience required. I work with first-time builders and seasoned developers alike, with direct access to the decision makers. A licensed GC on the project strengthens the deal.
- Is land acquisition included?
- Yes. The loan can cover both the land acquisition and the construction costs, with funds released through milestone-based draws.
- How do construction draws work?
- Your construction budget is held in reserve and released in stages as work is completed and inspected — typically foundation, framing, mechanicals, and finishes. Fast inspections keep the project moving.
- What happens when the build is finished?
- At certificate of occupancy you exit the construction loan by selling the property or refinancing into permanent financing — often a DSCR rental loan if you plan to hold it.
- Do you fund small commercial construction?
- Yes. In addition to ground-up residential and spec builds, I fund small commercial and mixed-use construction projects. Send me the details and I will structure it.
Explore More Loan Options
Ready To Fund Your Deal?
Tell me about your project and get a same-day answer. No application fee, no obligation, no nonsense.