QUESTIONS ON THIS LOAN
Do you lend on the lot purchase too?
Often, yes. The structure depends on the project. Send us the full picture—lot details, plans, budget, and timeline.
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Do you need permits in hand?
No. Permits are not required to get financed. We understand local permitting timelines and can structure financing around your project’s current stage.
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Do I pay interest on undrawn funds?
No. We use non-Dutch interest, so interest accrues only on what you have drawn. Undrawn construction holdback does not accrue interest.
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What if the build runs long?
We offer terms up to 24 months because ground-up construction takes time. Extensions are available if you need additional runway. Let us know early so we can discuss options.
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Do you lend on raw land?
Case by case. Infill is our specialty, but we also consider raw land development, typically funding 50% of the purchase price. Send us the details, and we’ll give you a straight answer.
A LOAN WE FUNDED
NEW CONSTRUCTION • PHOENIX
Loan: $1,650,000
Term: 24 months
HOW CONSTRUCTION LOANS WORK
Construction funds are released through draws as the build progresses, based on verified completed work. Draws are generally funded within 24 hours of receiving and verifying the required documentation.
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A stalled draw can disrupt your subcontractors and your schedule, so we treat construction draws with the same urgency as rehab draws.
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We build the draw schedule around your actual construction timeline.
NON-DUTCH INTEREST
Interest accrues only on your outstanding balance—the funds you have actually drawn. Undrawn construction holdback costs you nothing until you draw it.
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On a ground-up project running 18–24 months, that structure keeps your interest costs tied to the funds you actually use.
NEW CONSTRUCTION
NEW CONSTRUCTION loans IN ARIZONA
Ground-up financing for infill lots, teardowns, and vacant parcels inside established Arizona neighborhoods. Infill is our bread and butter. We also consider raw land development on a case-by-case basis.
funding
PER PROJECT
$100,000 to $2,500,000. Leverage on ground-up projects is structured individually. Raw land typically funds at 50% of the purchase price.
PRICING
12% + 1.52pt
12% annualized interest. Origination is 1.5% to 2%, depending on loan length.
TERMS
UP TO 24 MONTHS
Built for real construction timelines. No prepayment penalty. Extensions available.
SPEED
24 HOUR DRAWS
Draws funded within 24 hours of receiving and verifying the required documentation.
Parameters are subject to change on a case-by-case basis.