New Construction Loan

Ground-up construction financing for builders and investors

Get Started with a New Construction Loan

Our Construction Loans provide builders and investors the financing they need for ground-up construction and land acquisition.

Key Facts about our New Construction Loans1

  • Construction loans offer funding up to 95% of construction costs with multiple draws available11
  • Land advances available up to 75% of land value12
  • Individual loan amounts $150K – $2.5MM
  • Loans available for single family and multi-family properties, including properties up to 20 units
  • Single property loans available for borrowers with no real estate investment experience
Loan Purpose
  • Ground-up construction loans for developers and investors building 1-5 properties at a time
  • Lot financing can be included, if lots are in build-ready condition
  • Program includes exposure line of credit for experienced large volume investors, or single loan option
Interest Rate1

6.99% and up

Minimum Property Value



12 months (standard), with optional extensions

Borrower Type

LLC, Individual, Limited Partnership, or Corporation

Maximum Loan-to-Value (LTV)7

75% of ARV

Maximum Loan-to-Cost (LTC), Cost is purchase price amount8


When do we use LTV vs LTC?

Generally, we use the lesser of LTV or LTC calculation

Cash Flow Requirement


Rehab/Construction Financing

Funding up to 95% of construction budget, up to 75% of land value

Property Type

Non-Owner Occupied: Single family residences, 2-4 family units, Townhomes, and Multi-family properties up to 20 units

Loan Amount

$150K – $2.5MM

What Makes this Product Stand Out?

  • Product works for developers and investors alike
  • Option to include land acquisition financing10
  • Multiple draws available at borrower’s discretion11
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