From the lot to the finish.
Construction financing for builders and developers taking new residential projects from lot to completion, through approved lending partners.
For builders and developers.
Ground-up construction loans fund vertical construction on a new project, with money released in draws as construction milestones are completed and verified.
- Spec and build-to-sell residential projects
- Build-to-rent projects with a refinance exit
- Builders with permits, plans and a construction budget
- Developers scaling several projects at once
What the program can look like.
Illustrative structure only. Each lending partner sets its own leverage, pricing, terms and requirements.
Rates, leverage, terms, draw structures, interest-reserve and non-Dutch interest features, and closing timelines are not guaranteed. They vary by lending partner and program and are subject to underwriting, appraisal, title review and approval. Business-purpose investment property only.
How construction draws work.
Every lender runs its own draw process. A typical sequence looks like this.
1 · Plans and budget
Plans, permits and a line-item construction budget are reviewed in underwriting.
2 · Initial draw
At closing, the first draw (or an advance draw on qualifying deals) gets the build started.
3 · Milestone inspections
A third-party inspection verifies each milestone before the next draw is released.
4 · Completion and exit
On completion, you sell or refinance (for example into a DSCR rental loan).
Documents lenders commonly ask for.
The exact list depends on the lending partner. Please don’t email SSNs, bank statements or ID documents — we’ll share a secure upload link when it’s time.
- Lot ownership or purchase contract
- Plans, specifications and permits (or permit status)
- Line-item construction budget and timeline
- General contractor information and builder track record
- Entity documents
- Exit plan: sale comps or refinance plan
Common questions.
Can construction draws be advanced?
On qualifying deals, some lending partners can advance part of the budget so work can begin. It is not available on every loan.
What is non-Dutch interest?
Interest is charged only on the money that has been drawn, not on the full approved amount. It can lower carrying costs during the build. Availability depends on the lender.
Do I need permits before applying?
You can inquire early. Most lenders need permits before construction funds are released.
