Ground-up construction loans are a type of financing designed for builders, investors, or developers building new real estate projects from the ground up. Here’s how they work:
Purpose: These loans provide the funds you need to cover the costs of building a new property, whether you’re a builder, investor, or developer.
Process: The lender supports your project from the start to the finish, making sure you get the money you need when you need it.
Approval: The approval process is fast, so you won’t have to wait long to start your project. By choosing a ground-up construction loan, you’re partnering with a lender who is committed to helping you achieve your construction goals efficiently and confidently.
| Experience | High |
| Credit Score Minimum | 660 |
| Interest Rate | 9.99%-15% |
| Points | 0-2% |
| Advance Rate On Purchase | Up to 70% Land Value |
| Advance Rate On Construction | 100% |
| ARV | Up to 67.5% |
| Property Types | Single Family |
| Loan Size | $100K to $3.5M |
| Loan Terms | 12 Months |
Nunc nibh lectus, rutrum non elementum vel, ullamcorper at metus. Vivamus tincidunt mi sed nibh aliquet, in tristique orci fermentum. Nullam volutpat pulvinar commodo
Nunc nibh lectus, rutrum non elementum vel, ullamcorper at metus. Vivamus tincidunt mi sed nibh aliquet, in tristique orci fermentum. Nullam volutpat pulvinar commodo
Nunc nibh lectus, rutrum non elementum vel, ullamcorper at metus. Vivamus tincidunt mi sed nibh aliquet, in tristique orci fermentum. Nullam volutpat pulvinar commodo
You can get the money quickly, which helps keep your project on schedule.
The lender will keep you informed and help you understand the process, making it easier for you to focus on building.
02
You get customized support from our industry experts tailored to your specific project needs.
03
Seasafe Capital requires ground-up new construction experience. If you lack ground-up experience, we can connect you with an experienced partner from our network.
Information such as approved drawings, site plans, approved permits, budget and project timeline may be requested to help drive a successful project for all parties. Given Seasafe Capital’s experience in new construction, many customers find input from our experts invaluable.
