Ground-Up Construction
Fund your vision from the ground up.
Ground-Up Construction loans finance new builds for investors and builders — spec homes, build-to-rent projects, and small multifamily. Funds are released in draws as construction milestones are reached, and the loan is repaid when you sell the finished property or refinance it into long-term financing.
Who it's for
- Builders and developers putting up spec homes
- Investors building rentals to hold long term
- Infill builders working with vacant or teardown lots
- Small multifamily developers
- Investors who already own land and are ready to build
What you'll typically need
- Architectural plans and specifications
- Building permits, or a clear path to approval
- Line-item construction budget and timeline
- General contractor information, license, and insurance
- Land purchase contract or deed
- Entity documents if closing in an LLC or corporation
- Proof of funds for your equity contribution and reserves
- Builder's risk insurance
Every deal is different — we'll tell you exactly what yours needs.
What to expect
- Typical use
- New construction of investment properties, from permitted plans to certificate of occupancy.
- Term style
- Short-term and interest-only during construction, with funds drawn as milestones are hit.
- What's evaluated
- Plans, permits, budget, timeline, builder experience, the projected completed value, and your exit.
- Exit
- Sell the finished property or refinance into long-term financing such as a DSCR loan.
Call for current terms. Terms depend on the property, the deal, and the market — we'll give you real numbers for your scenario.
(859) 750-9333Ground-Up Construction FAQ
Can the loan include the land purchase?
In many cases, yes — or the land you already own can count toward your equity in the project. Call us to talk through your specific deal.
Do I need building experience?
Experience matters on construction loans. If you're newer, working with an experienced, licensed general contractor strengthens your application.
How are construction draws released?
Draws follow the budget and schedule. As each stage of work is completed and verified, funds for that stage are released.
What happens when construction is finished?
You sell the property or refinance into long-term financing. If you're keeping it as a rental, we can talk about a DSCR loan for the hold.
Ready to talk about your Ground-Up Construction deal?
Talk to Janson Wade directly. No call centers, no runaround — just a real conversation about your deal and current terms.