Ground Up Construction Loans

Turn your vision for a new residential project into reality with the right financing partner. Enjoy up to 90% loan-to-cost (LTC) with competitive rates starting at 10.75%, and pay interest only on the balance, not the full amount.

Ground Up Construction Loan Program

Our ground-up construction loans offer the financial support needed to bring new residential developments from concept to completion. Whether building a single-family home, a multi-unit property, or a large residential complex, our loan program is structured to give you the funding and flexibility necessary for a successful project launch and completion.

Loan Features and Benefits

We provide a range of benefits with our ground-up construction loans, including competitive rates, flexible repayment terms, and the option to finance up to 100% of construction costs. Our loan program ensures you have the resources to meet your construction milestones and capitalize on market opportunities as they arise.

Who is eligible for a ground-up construction loan?

Our ground-up construction loans are available for experienced developers and first-time builders alike. To qualify, applicants must demonstrate the viability of their project, provide a solid construction timeline and budget, and meet other credit and experience criteria.

How to Apply for a Ground-Up Construction Loan

To qualify for a Fix and Flip Bridge Loan, investors need to provide basic project details, demonstrate the property’s potential for profitability, and submit proof of sufficient experience or planning in fix and flip projects. Our straightforward application process includes:

Step 1Submit a Preliminary Application

Begin by completing our online preliminary application, where you will provide basic details about your construction project, budget, and financial background.

Step 2Initial Review and Consultation

Once submitted, our team will review your application and schedule a consultation to discuss your project, answer any questions, and outline the next steps.

Step 3Complete the Full Application

After the initial review, you’ll move on to the full application. This involves submitting necessary documents, including project plans, financial statements, and cost estimates.

Step 4 Loan Approval

Our underwriting team will evaluate your application for approval. You’ll receive updates throughout this process, with a focus on efficient and timely review.

Step 5Secure Your Funding

Once approved, you’ll sign the loan agreement and receive the funds to begin your ground-up construction project. We’ll continue to work with you to ensure your financing needs are met as your project progresses.

Why Choose Our Ground-Up Construction Loans?

We offer financing solutions built on flexibility, efficiency, and an understanding of the unique needs of construction projects. Here’s why clients trust us for their development financing:

Customized Loan Solutions

Every project is unique, and we provide tailored loan terms that meet your project’s scope and timeline.

Speedy Approvals

Our efficient application process means quicker approvals, so you can begin construction without delay.

Competitive Rates and Terms

We offer attractive rates and flexible repayment options to support your project’s financial requirements.

Experienced Support Team

Our lending professionals understand the demands of construction financing and offer expert guidance from start to finish.

FAQs

Gain answers to commonly asked questions about our ground-up construction loans:

What makes ground-up construction loans different from traditional loans?

Ground-up construction loans provide funds specifically for new construction, unlike traditional loans, which are generally for existing properties.

What are the typical interest rates for these loans?

Rates vary depending on the project’s scope, borrower’s credit, and current market conditions; our team provides competitive options.

How much can you finance through a ground-up construction loan?

Our loans can cover up to 100% of construction costs, depending on the project and borrower qualifications.

What documents are required to apply?

Standard documents include project plans, budget estimates, timelines, financial statements, and proof of experience in construction or real estate.

What happens if the project exceeds the original timeline or budget?

We offer loan flexibility and may accommodate timeline adjustments as needed, ensuring your project can move forward smoothly.

Success Stories

See how our clients have successfully transformed empty lots into profitable properties with our loan solutions.

"R.E. Lending made the loan process simple and fast, allowing me to secure the financing I needed to complete my fix-and-flip project. Highly recommend their services!"

"The DSCR loan I received from R.E. Lending helped me expand my rental portfolio with ease. Their team was supportive every step of the way."

"With their ground-up construction loan, I was able to bring my new development to life. R.E. Lending provided the financing I needed to succeed."

"R.E Lending helped me secure financing quickly and efficiently, allowing me to expand my rental portfolio without any hassle. Their DSCR loan program was a game-changer."

"The team at R.E Lending made the refinancing process simple and fast. I secured better terms and freed up capital to invest in more properties."

"R.E. Lending was exactly what we needed to get our construction project off the ground. Their team walked us through each step, from application to funding, making the process simple and stress-free. We were able to secure the financing quickly, and thanks to their guidance, our project stayed on track. I’d recommend R.E. Lending to anyone needing reliable support for construction financing."

"We had a fantastic experience with R.E Lending for our ground-up construction loan. They were fast and efficient. They took the time to understand our project goals, offering solutions that fit our needs perfectly. The funding was timely, and their customer service exceeded our expectations. Working with R.E. Lending gave us the confidence to complete our project on schedule!"

Ground Up Construction Loans