New Construction

Finance Your Vision from Blueprint to Reality

What It Is:

A New Construction Loan provides funding to cover all costs associated with building a commercial property from the ground up.

Common Uses:

• Office buildings

• Industrial facilities

• Warehouses

• Shopping centers

• Multi-family rental properties (5+ units)

• Hospitality projects

Loan Features:

• Loan Amount: $500,000 to $20 million+

• Terms: 12–36 months (short-term construction phase)

• Interest-Only Payments During Construction

• Funds Disbursed in Draws (as work progresses)

• Can be refinanced into a long-term commercial mortgage upon project completion

Requirements:

• Approved building plans and permits

• Licensed general contractor

• Detailed cost estimates and construction schedule

• Good credit and financial history

Benefits:

• Customized to your project needs

• Flexible draw schedules

• Helps manage cash flow during construction