GROUND UP CONSTRUCTION
Real Estate Funding Solutions provides new construction financing with the most competitive terms for experienced builders and real estate developers, as we assist with your Ground up Construction Project & New Construction Financing needs by covering the cost of the entire project. We will guide you throughout the entire project step-by-step from start to finish in order to ensure a successful close on the transaction.
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Benefits:
- New Construction Loans for Residential & Commercial
- $10 million to $500 million
- Shovel-ready Lands
- Up to 100% financing on ground up construction & value add-on projects in 50 states
- Must have minimum of 5% in liquid assets
- Must provide approved plans, executive summary & 5-year work perfoma
FAQ's
A ground up construction loan is usually an acquisition of raw or developed land for the purpose of building a new commercial or residential real estate.
Ground up construction loans start with obtaining permits and zoning plans for the land. As the paperwork for the process need to follow the township’s laws and regulations, you can start the development process by constructing the foundation. Most loans will require a recent survey completed by a licensed surveyor. Shovel ready land is approved by the construction and zoning department with all proper permits.