Ground-Up Construction
Construction loans for investors. Land, build & takeout in one plan.
Fund land, build, and long-term refi in one seamless loan. Staged draws verified by inspection, released in ~48 hours — with DSCR conversion options at certificate of occupancy.
85%
max loan-to-cost
12–24 mo
build terms
~48 hrs
draw release after inspection
30-yr DSCR
takeout at C/O
One facility, the whole build.
Ground-up construction financing for SFR, 2–4 unit, and small multifamily. Covers land, horizontal, and vertical costs with staged draws. Automatic conversion options into DSCR permanent financing on C/O.
Qualification is pro-forma dscr + sponsor build experience. If your project is a heavy rehab of an existing structure rather than ground-up, see Fix & Flip; for 5+ unit development and larger structures, talk to Structured Finance.
Program Summary
What builders bring us.
1–20 unit spec builds
Infill SFR, duplexes, and townhome runs. Land, horizontal, and vertical costs in one facility with staged draws.
Build-to-rent
Build instead of buying existing stock — then convert to a 30-year DSCR at certificate of occupancy without a second closing scramble.
Teardown / rebuild
When the structure is worth less than the dirt. We underwrite to the completed value, not the as-is condition.
Permitted infill projects
Approved plans and permits in hand? That de-risks the file — and speeds up our close.
Construction loan FAQ
How do construction loan draws work?+
Funds are released in stages as work completes: you finish a phase (foundation, framing, mechanicals), an inspector verifies it against the budget and plans, and we release that draw — typically within 48 hours of inspection. Funding tracks progress so risk stays aligned on both sides.
What leverage do ground-up construction loans offer?+
Up to 85% of total project cost (land plus build), with completed-value LTV typically capped around 70%. Leverage depends on sponsor build experience, the market, and the project pro-forma.
Do I need building experience to qualify?+
Sponsor experience matters more on ground-up than any other program. First-time builders can qualify with a strong general contractor and tighter leverage; experienced builders unlock the best terms. Either way, we underwrite the pro-forma DSCR and your team.
What happens when construction finishes?+
You either sell, or convert to permanent financing. Our construction programs include conversion options into a 30-year DSCR loan at certificate of occupancy — underwritten up front, so the takeout is planned at closing rather than renegotiated at the end.
Builds we've financed.
From framing to certificate of occupancy to permanent debt.
During the build
Staged, inspected draws fund each phase — framing, mechanicals, finish.
Completed ground-up
A finished vertical build in the Texas Hill Country, financed end to end.
Stabilized & refinanced
On certificate of occupancy, the construction loan converts to 30-year DSCR.
Closed and in-progress transactions shown for illustration. Individual results vary. This is not a commitment to lend; all loans subject to credit approval and property qualifications.
Permits in hand? Let's price the build.
90-second scenario, no hard pull, reply within 2 business hours. See how we close and how draws actually run.
Not a commitment to lend. All loans subject to credit approval, underwriting, and property qualifications. Terms and programs subject to change. Equal Housing Opportunity. NMLS #2832335.