New Construction

What are the requirements for a ground up construction loan?

The eligibility for a ground up construction loan is determined by the borrower's experience, credit score, as well as plans and permits.

Will the loan disbursements be made in stages based on construction progress? How are these disbursements processed?

The eligibility for a ground up construction loan is determined by the borrower's experience and credit score, as well as plans and permits.

What are the inspection and appraisal processes during construction to determine the loan disbursements?

The inspection process involves verifying that the work is 100% complete as per the agreed-upon draw schedule. An inspection showing satisfactory completion is required for approval.

What is the repayment schedule during the construction phase?

The repayment terms entail making interest-only payments every month.

Are there any requirements for contingency funds or reserves during the construction process?

To receive draws, one must have approved plans and permits, as these documents are necessary and required contingencies.

How long does it typically take to process and fund the construction loan?

Processing funds typically takes 7-10 business days, subject to approval of the appraisal, title work, and other necessary documentation.

KEY FEATURES

• 90% LTC and 75% LTARV
• 1-4 Single-Family Homes and Townhomes
• 12 - 24-Month Terms 
• LLCs, LPs, and Corporations ONLY
• Survey Required 

Our programs are tailored to your project, experience and unique requirements. 

Apply now for a quick assessment.

• Non-Dutch Interest
• Escrow Payments
• No Red Tape, No Income, No Assets, No Reserves
• Designed for Ease, Speed and Flexibility
• Purchase, Delayed Purchase, Rate & Term Refinance, Refinance for Free and Clear Properties
• Easy Draw Process
• Nationwide Lending

Ground-Up Construction Financing
HOUSTON FiNTECH arranges financing solutions to support your ground-up construction project from start to finish. This program is designed for non-owner-occupied single-family properties, condos, and townhomes, with terms ranging from 12 to 24 months, loan amounts from $100,000 to $2 million, and rates starting at 9.84% for qualified borrowers.

Our ground-up construction loan program is built to help investors and builders secure the capital they need for acquisition and construction, with leverage based on experience, project profile, and approved plans. Eligible borrowers may qualify with a minimum FICO of 650, and projects generally require entitlements, permits, and approved plans in place.

Program Highlights

• Property Types: Non-owner-occupied single-family homes, condos, and townhomes 
• Loan Term: 12 to 24 months 
• Loan Amount: $100,000 to $2 million 
• Minimum As-Completed Value: $175,000 
• Rates: Starting at 9.84% 
• Minimum FICO: 650 

Typical Leverage by Experience Level
Assuming entitlements, permits, and approved plans are in place, leverage may include:

Experienced Builders

(Completed 5 or more ground-up construction projects in the last 3 years)

• Up to 75% of As-Is Value 
• Up to 80% Loan-to-Cost on initial advance 
• Up to 75% ARV 
• Up to 90% Total Loan-to-Cost 

Moderately Experienced Builders
(Completed 1 to 4 ground-up construction projects in the last 3 years)

• Up to 75% of As-Is Value 
• Up to 75% Loan-to-Cost on initial advance 
• Up to 70% ARV 
• Up to 85% Total Loan-to-Cost 

First-Time Ground-Up Builders
(Completed 0 ground-up construction projects in the last 3 years)

• Up to 70% of As-Is Value 
• Up to 70% Loan-to-Cost on initial advance 
• Up to 65% ARV 
• Up to 85% Total Loan-to-Cost 

Why HOUSTON FiNTECH

HOUSTON FiNTECH helps real estate investors and builders access flexible construction financing tailored to the scope of the project and the borrower’s experience level. Whether you are an experienced developer or entering your first ground-up project, we work to structure financing that helps move your project forward with clarity and confidence.