New Construction Loan

Where others see a plot of dirt, you see the home of your dreams. Perhaps you even see the perfect neighborhood to meet your community’s unique needs. You’ve made the plans — let us fund your potential. A new construction mortgage can help builders and investors secure up to 100% of their construction project costs for single family or multi-family properties.

New Construction Loans are especially attractive to…

  • Buyers with no real estate experience who want to build a customized home.
  • Developers who want to build 1-5 units at a time from the ground up.
  • Experienced large volume investors looking to develop 5-20 multi-family properties.

Loan Features

Up to 100% of costs

Funding is available for up to 100% of construction costs.

Land Advances

Borrowers can fund up to 75% of the land value for land that is developed to use.

No real estate experience needed

Borrowers without real estate experience may be eligible for an exposure limit up to $500k

Exposure limits available

Experienced investors and builders can be approved for a maximum exposure limit to fund multiple projects at one time.

Funding from $100K – $2MM

A wide range of funding available for single family and multi-family properties alike.

90 days minimum interest

Keep project costs affordable by only paying interest for the first 90 days.