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:

For an experienced builder or developer who is looking to capitalize on a new project without waiting on bank financing
A contractor who owns entitled or shovel ready land but needs the financing to get the project started
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 14 days at rates starting at 8.99%!! 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:	$250,000 - $5 Million
Term Length:	6 - 36 months
Max LTV:	Up to 65%
Max LTC:	Up to 85%
Amortization:	Interest only
Interest Rate:	Starting at 8.99%
Closing Time:	5 - 14 Days
Loan Use:	Purchase, refinance, cash-out, Construction on Entitled or Shovel Ready Land

Get Started Now

Speak to a Loan Advisor: 954-320-0242

Pro's About Ground-Up Loans:

Quick Closing in as little as 14 Days
Low Rates Starting at 8.99%
Interest-only payments
Minimal Income Documentation
No Occupancy Requirement
NQualify Based on the Property LTV & Experience

What Do I Need To Qualify?

Simple... Equity in the property!
Origination Fee: 1.25% - 2.95% of the loan amount
Origination Fee: 1.99% - 3.49%
Processing Fee: $995
Underwriting Fee: $1,995
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 $75,000+.

Multi Family (up to 64 units)

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

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, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.