New Construction Loans

Ready to turn your vision into reality?

These loans are perfect for aspiring developers and real estate investors who want complete control over their projects!

New Construction Loans give you the flexibility to shape every detail of your project, from land selection to the final finishes. They’re designed for those who want to build new structures on purchased land or develop properties they already own. Plus, with the option to incorporate energy-efficient features, you’re not just building properties—you’re investing in a sustainable future.

Key Benefits:

  • Full Control: Manage every aspect of your project, from design to construction.

  • Comprehensive Funding: Cover land purchases, construction costs, permits, and more.

  • Flexible Terms: With interest-only payments and no prepayment penalties, you have financial flexibility.

  • High Loan-to-Value: Borrow up to 75% of the After-Repaired Value (ARV) of your project.

  • Zero Down: If you own the land free and clear, you might qualify for a no-money-down loan.

Ready to Get Started?

Before you dive in, it’s essential to assess your readiness. Check your experience level, available capital, and credit score. While beginners might rely more on personal credit, seasoned developers can leverage their expertise for better loan terms.

New Construction Loan Highlights:

  • General Guidelines:

    • Minimum 620 FICO (no minimum options available)

    • Up to 100% of construction capital

    • Up to 75% ARV

    • 0% down if land owned free and clear (*certain restrictions apply)

    • Some experience typically needed

    • No prepayment penalty

    • No income verification

    • Interest-only monthly payments

    • Loan amounts starting at $100,000

    • Interest rates as low as 10.24%

The Breakdown:

  • Short-Term Solution: Typically 12-18 months, perfect for quick development cycles.

  • Detailed Planning: Gather all necessary project details including land value, scope of work, permits, and costs.

  • Flexibility: Expect delays and plan your budget and timeline accordingly.

Get Building!