Ground-Up Construction Loan

Short-term financing for investors and builders developing residential or commercial properties

I consider the following: purchase price of the land, costs spent to date, construction budget, expected completed value, experience level performing similar projects, liquidity, project timeline, and exit strategy to understand the financing request and determine how the deal will be structured.

Required Documentation for Ground-Up Construction Loans

The following documents will be needed to begin your ground-up construction loan application.

Borrower

Driver’s License
Most Recent Bank Statement
Proof of Liquidity (Checking, savings, brokerage, retirement accounts, or available HELOC funds)
Voided Check Matching the Bank Statement
Real Estate Track Record / Schedule of Real Estate Owned (REO)

Entity Docs

Articles of Organization or Certificate of Formation
EIN Documentation
Operating Agreement

Title & Insurance

Title Company Contact Information
(Name, email address, and phone number)
Insurance Company Contact Information
(Name, email address, and phone number)

Property & Project

Executed Purchase Contract / Purchase HUD
Completed Scope of Work / Construction Budget
GC License (if using a GC)
GC Liability Policy and 3 Certificates of Occupancy within the past year (if using a GC)

New residential development representing ground-up construction financing

Have a project that needs financing?

Submit your project details for an initial review so I can better understand the opportunity and determine next steps.

Next Steps