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New Construction

Ground-Up Construction Financing

Finance your ground-up construction project with flexible draw schedules, interest-only payments, and bridge-to-perm options for investors and builders.

Program Overview

Our New Construction loan program funds ground-up residential and small commercial projects for builders and real estate investors. We finance up to 100% of construction cost (subject to LTV) with structured draw schedules tied to completion milestones.

From single-family spec builds to 1–4 unit residential and small multi-family, our construction loans are built around your build timeline, your budget, and your exit strategy — including seamless transition to a long-term DSCR loan upon completion.

Key Benefits

Why investors choose this program

1

Up to 100% Construction Cost

Finance the full build budget on qualifying deals.

2

Flexible Draw Schedules

Funds released as construction milestones are met.

3

Interest-Only Payments

Pay interest only during the construction period.

4

Bridge-to-Perm Option

Roll into long-term financing on completion.

5

Fast Underwriting

Decisions in days, not weeks.

6

1–4 Unit Residential

SFR, townhouse, and small multi-family eligible.

7

Experienced Builders Welcome

Volume builder programs available.

8

No Income Verification Programs

Asset-based options available.

9

cross-Canada lending

Funding in most Canadian provinces.

10

No Prepayment Penalty

Pay off when you sell or refinance.

Loan Requirements

What you need to qualify

Detailed construction budget and scope of work

Architectural plans and permits in hand or in process

Builder resume / general contractor information

Land owned free and clear or under purchase contract

Property appraisal (as-completed value)

Borrower entity (LLC or Corp)

Builder’s risk insurance binder

Minimum credit score of 660

Liquid reserves for contingency

Exit strategy documentation (sale or refi)

Calculate Your Deal

Construction Loan Draw Calculator

Plan your draws and interest cost during the build.

Per-Draw Amount
Avg Monthly Interest
Total Interest

For estimation purposes only. Contact us for exact terms.

Frequently Asked Questions

How does the draw schedule work?

Construction funds are released in pre-defined phases (typically 4–6 draws) tied to completion milestones such as foundation, framing, drywall, and final.

Can I roll into a permanent loan?

Yes. We offer bridge-to-perm options that transition seamlessly into a long-term DSCR loan when the build is complete.

Do I need to be an experienced builder?

No, but having a licensed general contractor with a track record significantly strengthens the application.

What is the construction term?

Most construction loans run 9–18 months depending on project size and scope.

How are draws inspected?

A third-party inspector visits the site at each milestone to verify completion before funds are released.

Ready to Fund Your Next Deal?

Get pre-qualified in minutes. Our team responds within 24 hours.