Build Your Dream Home with Ease and Flexibility

Finance Your New Home with Confidence

Our New Construction Loan Program is designed to provide homebuyers, developers, and builders with the capital they need to finance the construction of a new home or residential project. Whether you’re building your dream home from the ground up or developing a new property to sell or rent, our new construction loans offer flexible terms and competitive interest rates to ensure your project is completed with ease and efficiency.

Unlike traditional mortgages, our new construction loans are disbursed before construction begins, providing the financial backing needed to initiate and complete your project. As the borrower, you’ll have the flexibility to customize the design and layout of your home while securing the necessary financing to see your vision come to life.

With our security-backed lending model, the loan is typically secured by the land itself, minimizing risk and giving borrowers peace of mind as they move forward with their construction plans. Upon completion of the project, the loan is repaid in a single lump sum, ensuring that you don’t face multiple repayments throughout the construction process.

What Makes Our New Construction Loan Unique?

1. Flexibility in Home Customization

One of the standout features of our New Construction Loan is the flexibility it offers you in designing and customizing your new home. From the layout to the materials used, you’re in control of every decision, making it easier to create the home of your dreams without constraints.

2. Short-Term and Long-Term Financing

Whether you’re building your own home or a larger development project, we offer both short-term and long-term construction financing options to meet your needs. This means you can choose a repayment plan that works for your timeline and construction schedule.

3. Disbursement Before Construction Begins

Our loan is disbursed before construction begins, which means you can cover the costs of labor, materials, permits, and other pre-construction expenses without having to dip into your own savings. This feature is especially valuable for those who need the capital upfront to get the project started.

4. Protecting Our Investment

While the borrower has the flexibility to build and design the home of their dreams, we ensure that the loan is secure and properly protected. Typically, the loan is secured by the land itself, offering assurance for both the borrower and lender throughout the course of the construction.

5. Lump Sum Repayment

At the completion of the construction project, the loan is repaid in a lump sum, which simplifies the repayment process. This structure ensures that you’re not burdened with ongoing payments during the construction phase, allowing you to focus on building your home without financial distractions.

Loan Parameters and Financial Terms

Our New Construction Loans are designed with flexibility and security in mind to meet the unique needs of construction projects. Below are the key terms and parameters of the loan:

• Loan Amount: Borrowers can access loan amounts up to $5,000,000 based on the scope of the construction project and the value of the land. This ensures that whether you’re building a modest home or a large, multi-unit development, you can secure the appropriate financing.
• Loan Term: The loan term can extend up to 25 years, giving you plenty of time to repay the loan once construction is completed. The term may vary depending on the nature of the project and the borrower’s needs, allowing for tailored repayment options.
• Interest Rates: Our interest rates range from 5% to 11% APR, depending on the borrower’s creditworthiness, the type of construction project, and the value of the property. This range provides competitive rates, ensuring that borrowers have access to affordable financing options for their construction projects.
• Security Deposit: A refundable security deposit of 5% to 10% of the total loan amount is required before the loan is disbursed. This deposit demonstrates the borrower’s commitment to the project and helps protect both the lender and borrower from any unforeseen issues during construction. The deposit may be credited toward closing costs or refunded after the loan is repaid in full.
• Grace Period: Borrowers enjoy a three-month grace period before any loan repayments are due, giving them sufficient time to complete the construction and sell the property or move in without being financially pressured.

Advantages of Our New Construction Loan

1. Quick Access to Capital

Our streamlined approval process allows for rapid disbursement of funds, meaning you can begin construction on your new home without delays. This quick access to capital ensures that your construction project stays on schedule and within budget.

2. Minimal Paperwork

We understand the importance of keeping the process as simple and hassle-free as possible. Our new construction loan requires minimal documentation, allowing you to focus on what matters most — the construction of your home.

3. Flexibility in Payment Structure

You have the option to structure the loan with flexible terms, including interest-only payments during the construction phase or balloon payments once construction is complete. This ensures that you’re not burdened with excessive debt until your project is ready for sale or occupancy.

4. Protection of Your Investment

The loan is secured by the land and the future property value, which means the lender has confidence in the investment, and you have financial backing to ensure project completion.

5. Customization of Your Dream Home

This loan gives you the ability to customize your new home as much as you want. From floor plans and finishes to materials and construction style, your dream home can come to life exactly as you envision it.

6. Competitive Interest Rates

Our interest rates are highly competitive, ranging from 5% to 11% APR, based on the strength of your project and credit profile. We work with you to find the best financing option tailored to your budget and construction goals.

7. No Prepayment Penalties

We do not impose any prepayment penalties, allowing you to pay off the loan early if you choose. Whether you sell the property sooner than expected or want to pay off the loan early to reduce interest payments, there’s no financial penalty for doing so.

Who Can Benefit from Our New Construction Loans?

Our New Construction Loan is ideal for:

• Homebuyers who want to build their dream home and need financing before construction begins.
• Real Estate Developers looking to finance a residential or mixed-use development.
• Investors building homes to sell or rent for long-term gains.
• Builders who require short-term financing to complete a construction project on a larger scale.
• Individuals seeking custom homes that reflect their unique needs and tastes.

If you’re ready to break ground on your new construction project, our loan program provides the financial backing you need to bring your vision to life with flexibility, competitive rates, and minimal hassle.

How to Apply for a New Construction Loan

Applying for a New Construction Loan is a simple and straightforward process:

1. Submit Loan Application – Provide details about your project, including land value, construction plans, and estimated budget.
2. Provide Project Documentation – Submit required documents, including land ownership proof, architectural plans, and a project timeline.
3. Review Loan Terms – We will offer you a customized loan proposal based on your project scope and financial situation.
4. Pay Security Deposit – Submit the security deposit to secure your loan and proceed with construction financing.
5. Start Construction – Once approved, funds will be disbursed to help cover the initial construction costs, and your project can begin.

Start Building Your Future Today!

Ready to take the first step toward building your new home? Our New Construction Loan Program is here to help you secure the financing you need to start your project with confidence.

📞 Contact Us Today to schedule a consultation and discuss your new construction loan options.
📧 Email us to begin your application and receive a personalized loan offer for your construction project.