Ground Up
Construction Loan Program

A "Ground Up Construction" loan program is designed to provide a streamlined financing solution to build single family, multi-family, and mixed use projects which are entitled or shovel ready. A Ground Up Construction loan is a great fit in the following situations:

  1. For an experienced builder or developer who is looking to capitalize on a new project without waiting on bank financing
  2. A contractor who owns entitled or shovel ready land but needs the financing to get the project started
  3. A fix & flip project that has extensive rehab requiring vertical additions or significant horizontal additions to the property

At Capital Funding Financial, our Ground Up Construction loans close very quickly... in as little as 17 days at rates starting at 10.49%! Our construction loans require very little documentation instead the underwriting is primarily based on the risk of the project itself! Our Ground Up Construction loans are a great way to acquire property to build a single family spec home or multi-family development. Our ground up construction program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner.

Program Overview

Loan Amount: $500,000 - $150 Million
Term Length: 6 - 36 months
Max LTV: Up to 75% 
Max LTC: Up to 85%
Amortization: Interest only
Interest Rate: Starting at 10.49%
Closing Time: 17 - 28 Days
Loan Use: Purchase, refinance, cash-out,
Construction on Entitled or Shovel Ready Land
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Pro's About Ground-Up Loans:

  • Quick Closing in as little as 17 Days
  • Low Rates Starting at 10.49%
  • Interest-only payments
  • Minimal Income Documentation
  • No Occupancy Requirement
  • Qualify Based on the Property LTV, Liquidity, & Experience

What Do I Need To Qualify?

  • Simple... Experience & Equity in the property!
  • Origination Fee: 2.00% + of the loan amount
  • Prepayment Penalties: None! (3+ months of minimum interest earned)

Eligible Properties for Ground-Up Construction Loans

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex’s, triplex’s, and quadplex’s. At Capital Funding Financial, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $500,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Capital Funding Financial, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts from $500,000+.

Mixed Use

Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At Capital Funding Financial, we will lend to real estate investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, condo conversion, or bridge to construction take out on mixed use projects with loan amounts from $500,000+.

Ground Up Construction Loan Program FAQ’s

Required Documents for Closing


  • Purchase Contract
  • Payoff Statement (if Refinance)
  • Plans & Permits
  • Sources & Uses of Funds
  • Scope of Work
  • Appraisal & Feasibility Report


  • Loan Application (Download)
  • Track Record (Download)
  • General Contract Resume
  • Last 3 Months of Bank Statements
  • Driver’s License (Front & Back)
  • Passport/Visa (if Foreign National)


  • Articles of Incorporation
  • Operating Agreement (LLC) or Bylaws (Corp.)
  • EIN Letter
  • Tax Returns (if available)

Is a Ground-Up Construction Loan Right For Me?


Need to close fast? You can count on us!

Benefits of our Ground-Up Construction Loans:

  • Close in as little as 17 Days
  • Up to 85% LTC
  • Minimal Income Documentation
  • Low Credit Requirement
  • No Prepayment Penalty

Loan Fees and Costs

  • Origination Fee: 2.00% - 3.00%
  • Processing Fee: Based on Project Size
  • Underwriting Fee: Based on Project Size

Prepayment Penalties

None! (3+ months of minimum interest earned)

Approval Process

Close in as little as 5 Days! From start to finish in 5 easy steps!
Submit Loan Request
Upload Documents & Accept LOI
Appraisal/Feasibility/Title Ordered
Final Legal Review