Land + Plans
Secure your lot and finalize architectural plans. Funded Capital underwrites the full project cost upfront.
New Construction Loans — Nationwide
New Construction Loans — Up to 85% LTC, Ground-Up Financing
Finance your ground-up development with flexible draw schedules and milestone-based funding. We underwrite the full project cost so you can build without capital constraints.
Up to 85% LTCDraw schedule included680+ credit scoreSFR, townhomes, multifamily
Up to 85% LTC
Loan-to-Cost
From 8.75%
Interest Rate
Draw Schedule Included
Disbursement
12–24 Month Terms
Loan Term
The Build Process
How Construction Draws Work
Funds are released in stages as your project hits milestones, so you only pay interest on what you've drawn — minimizing carrying costs.
Construction Draws
Funds are released in draws tied to construction milestones — foundation, framing, mechanical, and completion — verified by inspections.
Certificate of Occupancy
Project is complete, CO is issued. Sell the property or refinance into a long-term DSCR loan. Your loan is fully paid off.
Pricing
New Construction Loan Rates
Competitive rates for projects of all sizes, from starter builds to large developments.
| Project Size | Max LTC | Rate | Draws | Term |
|---|---|---|---|---|
| Up to $1M | 85% LTC | From 8.75% | Monthly | 12 mo |
| $1M–$5M | 85% LTC | From 9.50% | Milestone | 12–24 mo |
| $5M+ | 85% LTC | From 10.25% | Negotiated | Up to 24 mo |
* Rates and terms are indicative and subject to change. Final terms depend on project specifics and borrower profile.
Asset Types
What We Finance
From single-family spec builds to ADUs and small multifamily projects, our construction loans cover the full range of residential asset types.
Single-Family Residences
Ground-up SFR builds from entry-level to luxury. We finance spec builds and custom homes alike.
Townhomes
Attached or semi-attached townhome developments. Single phased or multi-phase projects welcome.
Small Multifamily
2–4 unit residential construction. Perfect for investors building duplexes, triplexes, and quads.
Accessory Dwelling Units (ADUs)
Detached or attached ADU construction on existing lots. A fast-growing asset class we actively support.
FAQ
New Construction Loan Questions Answered
How do construction draws work?
Draws are disbursements released as construction milestones are completed and verified. Our team schedules inspections at key stages — foundation, framing, rough-in, drywall, and final completion. Once a milestone is confirmed, funds are released to your account.
Do I need prior construction experience?
Experienced builders are preferred, but first-time builders with a qualified general contractor may still qualify. We evaluate the strength of your build team, project plans, and overall deal economics.
What is the maximum loan size for a ground-up project?
We do not have a hard cap. Projects over $5M are evaluated on a case-by-case basis with negotiated rates and terms. Contact us directly to discuss your large-scale project.
Can I refinance into a DSCR loan after construction is complete?
Yes. Many of our borrowers build with us and then refinance into our 30-year DSCR rental loan once the property is stabilized. We make this transition as seamless as possible for repeat clients.
What states do you lend in for new construction?
We lend in 44 states nationwide. A few states are excluded due to licensing requirements. Contact a loan officer to confirm eligibility in your specific state before submitting an application.
Get Funded Fast
Get Funding for Your Next Build
Apply in minutes. Our construction loan specialists will review your project and get back to you within 2 hours.