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New build financing

Ground Up Construction Loans

Build from the ground up with flexible construction financing — up to 90% of total project costs with draws tied to construction milestones. Underwriting that understands build timelines, material costs, and permitting.

Apply for Funding HereCall (843) 376-3804

Program at a glance

$75K – $5M
Loan amount
9.49%
Starting rate
12–18 mo
Loan term
70%
Max ARV

Overview

What is a ground up construction loan?

Financing for building new residential properties from scratch — a single-family home, a small multi-family project, or spec homes for sale.

Funds are disbursed through a draw schedule tied to construction milestones — foundation, framing, rough-in, and finish — so the project stays on track and money is released as work is completed.

Eligible property types

  • Single family homes
  • Townhomes
  • 2–4 unit properties
  • Spec homes
  • Custom builds

Ideal for

  • Experienced builders and developers
  • Real estate investors expanding into new construction
  • Contractors building spec homes for resale
  • Developers of small residential subdivisions
  • Investors with entitled lots ready for development

Why choose No Limit Solutions

Program features.

  • 100% construction financing

    All construction costs covered through a controlled draw process.

  • Competitive rates

    Rates starting at 9.49% for qualified borrowers with construction experience.

  • Flexible draw schedule

    Draws tied to construction milestones to keep your project on track.

  • Extension options

    Extension options available if your project needs additional time.

  • Spec & custom builds

    Financing for both spec homes and custom builds.

  • Experienced underwriting

    A team that understands construction and can move quickly on approvals.

Lending guidelines

Loan requirements.

Loan amount
$75,000 – $5,000,000
Minimum FICO
680+
Total project cost
Up to 80%
Construction costs
100% financing
Maximum ARV
70% of after-repair value
Loan term
12–18 months
Interest rate
Starting at 9.49%
Experience
2+ projects required
Property types
Residential 1–4 units
Land ownership
Owned or under contract

Lending guidelines

  • Minimum credit score of 680 required
  • Prior ground-up construction experience required (2+ projects)
  • Property must be residential 1–4 units
  • Maximum loan-to-ARV of 70%
  • Detailed construction plans and budget required
  • Licensed general contractor required
  • All permits must be obtained before closing
  • Land must be owned or under contract
  • Personal guarantee required
  • Builder's risk insurance required

Required documents

  • Completed application
  • Government-issued ID
  • Entity documents (if applicable)
  • Land deed or purchase contract
  • Approved architectural plans and specifications
  • Detailed construction budget and timeline
  • General contractor license and resume
  • Subcontractor bids
  • Building permits (or permit timeline)
  • Track record of completed construction projects
  • Proof of funds for equity contribution
  • Bank statements (last 2 months)

FAQ

Frequently asked questions.

  • Funds are released in stages tied to construction milestones — foundation, framing, rough-in, and finish. You complete a stage, request the draw, the work is verified, and funds are released.

Explore more

Ready to break ground?

Send us the lot, the plans, and the budget — and we will tell you what is realistic.

Apply for Funding HereCall (843) 376-3804