Ground-up construction loans
Financing for real estate investors putting up new residential or commercial builds, whether you are building to sell or building to hold. Funds are released in draws as construction progresses.
Is a construction
loan right for you?
Ground-up construction loans fund a new build from the ground up as a business-purpose investment, not a home you will live in. If most of these sound like you, it is worth a conversation.
- You are building new residential or commercial property, not renovating an existing one.
- You are building to sell (spec) or building to hold as an investment.
- You have plans, a budget, and a builder, and you want funding that tracks the work.
- You hold, or plan to hold, the project in an LLC or other entity.
- You know your exit: a sale on completion, or a refinance into longer-term financing.
Key parameters
The shape of the program in plain terms. Exact numbers depend on the lender and the deal.
How a construction loan comes together
Talk through the build
The site, the plans, the budget, the builder, and your exit. Bring your numbers; no paperwork required to start.
Size the project
MaryAnn compares construction programs across lenders against your budget and plans, and comes back with real options.
Set the draws
A draw schedule tied to construction milestones, each explained in plain terms before you commit.
Build and exit
She coordinates lender, title, and draw inspections through construction, and you sell or refinance when the build is done.
Construction, answered
The questions investors ask most about ground-up construction loans. Anything else, just call or text.
What is a ground-up construction loan?
A ground-up construction loan funds building a new property from the ground up as a business-purpose investment. It is not a consumer loan and is not for a home you intend to occupy. Funds are released in draws as construction progresses.
Does this cover spec builds and builds I plan to keep?
Yes. Both speculative builds, where you intend to sell on completion, and investment builds you plan to hold can be financed, for residential or commercial projects.
How do the draws work?
Funds are released in stages as construction reaches each milestone and passes inspection, rather than all at once. The schedule is set up front so funding keeps pace with the build.
Can I close in an LLC or other entity?
Yes. Business-purpose investor loans can close in an LLC or other approved entity, subject to lender guidelines. MaryAnn will walk you through the trade-offs of entity versus personal ownership.
What happens when construction is finished?
You follow the exit mapped before you started: sell the finished property, or refinance into a DSCR or other longer-term loan to hold it. The plan is set at the outset so there are no surprises at the end.
Bring the plans.
Call or text MaryAnn directly, or schedule a time that works for you. Bring the budget and the build; leave with real options.
Ready to apply? Start your application online (opens in a new tab)