What is a New Construction Loan?
New construction loans provide your business or investment team with the capital needed to bring your development vision to life — from land acquisition and ground-up building to tailored construction plans. These loans are structured to support projects step-by-step, with funds released as work progresses, so you only pay interest on what you use during the build. Whether you’re developing commercial space, multifamily property, or a custom business facility, construction financing gives you the flexibility and confidence to complete your project on time and on budget — with options to transition into permanent long-term financing once construction is finished.
Qualifications:
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Up to 90% LTC, 70% LTARV
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Loans from $100K to $5M
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19- and 24- month loan term options
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Fast draw process, funds in as little as four days
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1 - 4 Units
Won't effect your credit score.