ground-up construction
ground-up construction
Residential One LTD understands that embarking on a construction project from the ground up requires substantial financial backing, and that’s where our Ground Up Construction Loan comes into play. Tailored to meet the unique needs of builders and investors, this specialized loan offering provides essential financing for the development of new residential properties.
A Ground Up Construction Loan serves as a lifeline for builders seeking to bring their visionary projects to life. Whether you’re an experienced builder or an ambitious investor, our straightforward and common-sense approach ensures that you receive the necessary funds to seamlessly navigate the complexities of land acquisition and new construction costs. We recognize the challenges inherent in the early stages of property development, and our aim is to provide you with the financial support needed to transform your ideas into tangible, market-ready assets.
Haus Lending, a subsidiary of Residential One LTD, is proud to offer Ground Up Construction Loans with flexible terms of up to 18 months. This extended time frame allows builders the leeway required to complete construction and prepare the property for sale, ensuring a smoother transition from development to the real estate market.
Our Ground Up construction program is specifically designed to cater to the unique needs of residential real estate investment properties. Whether you’re undertaking a modest project or a more ambitious development, our loans cover a broad spectrum, with amounts ranging from $50,000 to $5 million. This flexibility allows us to accommodate projects of varying sizes and scopes, ensuring that builders and investors alike can access the financial resources they need to bring their construction endeavors to fruition.
At Residential One LTD, we are committed to facilitating the growth and success of builders and investors in the real estate industry. Our Ground Up Construction Loan stands as a testament to our dedication, providing a reliable and strategic financial solution for those looking to embark on the journey of creating new, market-ready residential properties. Partner with us and let your construction aspirations take flight with the support of our comprehensive and tailored loan services.
Ground Up Construction Residential, 1-4 Units
Loan Amount:
$50,000 – $5,000,000
Maximum Loan to Cost:
Up to 75% of the lower of land value or purchase price / 60% if unpermitted, plus 100% of construction
LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing
Maximum Loan to Cost Total: 80%
Max Loan to ARV: 70%
Term Length:
12 months, Up to 18 at Lender Discretion