Ground-Up Construction Loans
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Ground-Up Construction Loans

Fund new-build projects from the lot to the finished home.

Lot to CompletionStaged Draw Funding100% Construction Financing24-Hour Draw Reimbursement
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Program Overview

How It Works

Ground-up construction loans fund new-build projects from land acquisition through completion, with staged draws that keep pace with your build schedule so your crews are never left waiting on capital.

Whether you're building a single spec home or a small multifamily project, our construction underwriting team structures financing around your build plan and budget.

Ideal For

  • Builders and developers running spec new-builds
  • Investors taking on their first ground-up project
  • Small multifamily ground-up construction

Program Features

Financing for land acquisition and vertical construction
Up to 100% of construction costs financed on qualifying deals
Staged draw schedule aligned to your build timeline
24-hour draw reimbursements during construction
Support for single-family and small multifamily new builds
Experienced construction underwriting team

Borrower Requirements

Minimum credit score ~680 (flexible based on deal strength)
Approved plans, specs, and construction budget required
General contractor or builder information required
No recent major credit events (bankruptcy, foreclosure, etc.)

Got Questions?

Ground-Up Construction Loans FAQ

Do I need a licensed general contractor?+
Most ground-up deals require a licensed and experienced GC or builder on the project — either yourself, if qualified, or a third party.
How do construction draws work?+
Draws are requested in stages as construction milestones are completed, and reimbursed within 24 hours so your build never stalls.
What happens if my project goes over budget?+
Budget overruns are evaluated case-by-case — talk to your loan officer as early as possible if costs shift so we can work through options together.
Can I finance the land purchase and construction together?+
Yes. Ground-up construction loans can fund both the lot acquisition and the vertical construction costs in a single loan.

Explore More

Other Loan Programs

Fix & Flip

Finance the purchase and renovation of investment properties. Fund up to 100% of acquisition and 100% of rehab costs, sized off after-repair value.

Bridge

Short-term financing to bridge the gap between transactions — move on time-sensitive acquisitions, refinance, or reposition a property while you line up your long-term exit.

DSCR / Rental

Qualify based on the property's rental cash flow — not your personal income or tax returns. Built for buy-and-hold investors growing a rental portfolio.

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Ready to fund your ground up deal?

Submit your details and get a custom loan quote — no tax returns or lengthy bank process required.

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