1.877.386.3371
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1.877-FUNDER-1 or 1.877.386.3371
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email: info@position1biz.com
Call us about your ground up construction loan today at 1-877-F-U-N-D-E-R-1. That's 1.877.386.3371 or complete and submit the brief form below.
Ground up Construction Loans
When the stakes rise, so should your standards. Ground-up projects need the right financing partner. That's where construction loans come into play. Unlike traditional mortgages, ground-up construction loans finance the entire building process, from purchasing vacant land to completing the final structure. Whether you're a builder, developer or seasoned investor, these loans provide the flexibility and capital you need to bring new projects into reality.
At Position One, we partner with investors that specialize in ground-up construction hard money loans. Our team understands the unique challenges of new construction and is committed to supporting you through the process with confidence. If you're ready to break ground on a new project, discover how we can be a trusted partner from start to finish.
General requirements:
Minimum loan amount $75K
Minimum credit score 660
Tri-merge credit report required
Max Loan to Value (or Loan to Cost) is 85%
Full appraisals required for most loan approvals
Will lend up to 90% of cost