Direct Lender
A construction loan helps the borrower build, expand, rehabilitate, or reposition a property. Loans to finance a real estate development project typically fall under two broad categories — acquisition and construction — although these two loans are sometimes combined into one.
Program Overview
- Direct Range
- $100K – $5MM
- Interest Rate
- 9% – 12%
- Term
- 12 to 24 months
- Draw Structure
- Milestone based
- Payment
- Interest only on drawn amounts
- Closing Timeline
- As little as a week
- Borrower Entity
- LLC or Corporation
- Larger Deals
- Any loan size
What We Look For
- Permitted plans and approved scope of work
- Experienced general contractor with a verifiable track record
- Realistic timeline and cost-to-complete analysis
- Clear exit — sale or refinance into permanent debt
Markets
We lend in most areas nationwide. Based in New York with extensive experience across major U.S. markets.
Direct construction draws are funded on balance sheet. Larger construction mortgages are available for any loan size.
All loans subject to underwriting, collateral approval, and applicable licensing. Terms vary by deal.