Ground up construction loans

New construction loans with no experience needed

Build your first home to sell. We fund 90% of your lot and build budget, and you do not need to have built before.

Get my terms See how it works

90%of lot and build funded

10%is all you bring

0builds of experience needed

Drawspaid as you build

Scroll to watch a new build get funded ↓

STEP 1

You buy the lot

Pick your lot. The lot price goes into the loan with your build budget.

90% of lot and build

STEP 2

Foundation poured

You close and break ground. The first draw pays for the foundation.

Draws as you build

STEP 3

Framing goes up

Walls and roof framing rise. Each finished stage is inspected and paid.

No experience needed

STEP 4

Dried in

Roof, windows and wrap go on. The house is closed in against the weather.

You bring 10%

STEP 5

Finished and sold

Siding, paint and landscaping. You sell, pay off the loan and keep the profit.

Then build the next one

Lot

Foundation

Framing

Dry-in

Sold

See your terms in seconds

Your loan amount shows as you type. Send the deal and a loan officer follows up.

Full name

Mobile phone

Property address

Lot price

Build budget

Sale price when finished

Closing date

Homes built and sold in the last 3 years

Credit score estimate

Your loan amount

$360,000

Lot and build funded90%

You bring (10%)$40,000

Loan to sale price when finished64%

Sale price minus lot and build$160,000

Building experience requiredNone

Get my terms

Estimate only. Loan amount is 90% of lot price plus build budget. Business-purpose loans on investment property, not homes you will live in.

How your loan is sized

Add your lot price and your build budget. That is your total cost. We fund 90% of it, and you bring the other 10%.

Deal	Amount
Lot price	$80,000
Build budget	$320,000
Total cost	$400,000
We fund 90%	$360,000
Sale price when finished	$560,000
You bring (10%)	$40,000

Your build budget is paid out in draws as each stage of the house is finished. Run your own numbers in the construction loan calculator.

Who this is for

Ground Up Construction Lending makes ground up construction loans to investors who want to build a new home and sell it or rent it. You do not need a track record. Most lenders want two or three finished builds before they will fund you; we lend to first-time builders with none.

Ground up construction loans for new homes built from an empty lot
Spec home loans for homes built before a buyer is lined up
Land and construction loans that cover the lot and the build together
Duplex and fourplex construction loans for 2 to 4 unit builds
Build to rent loans for homes you will keep as rentals

We lend in Texas and Florida. As new construction lenders for investors, we fund first-time builders that most lenders turn away.

New to building? Start with how construction loans work.

How it works

Three steps from lot to sold.

Get your terms

Lot price, build budget and sale price. You see your loan amount right away.

Talk to a loan officer

Send the deal from this page. A loan officer follows up to confirm your terms.

Close and build

We fund the lot at closing and your build budget in draws as each stage is finished.

Questions builders ask

Straight answers about new construction loans with no experience.

How much of my build do you fund?

We fund 90% of your total cost: the lot price plus the build budget. You bring the other 10%.

Do I need building experience?

No. We lend to first-time builders with no completed projects, as well as to experienced builders.

Can the loan include the lot?

Yes. The lot price and the build budget are added together, and we fund 90% of the total.

How is the build budget paid out?

In draws. As each stage of the build is completed, the work is inspected and that stage's money is released.

Can I use this to build a home I will live in?

No. These are business-purpose loans for homes built to sell or rent.

How do I apply?

Fill in the short form on this page. You see your loan amount as you type, and a loan officer follows up with your terms.

Ready to build your first home?

See your loan amount now and send us the deal.