LendSure Ground-Up Construction Loans
LendSure now offers Ground-Up Construction loans for experienced builders. Ground-up Construction loans are designed to finance the entire build process, from purchasing land to building a new structure from scratch. If builders have successfully completed three new builds or a mix of two builds and a major renovation costing over $200,000, they’re eligible to qualify.
- LendSure will finance the cost of the lot and construction expenses based on approved plans.
- 12 and 18-month term options with interest-only payments.
- Delay the first borrower payment for up to five months! LendSure can stack the first four months of interest payments into the loan, providing additional cash-flow flexibility.
- LendSure reviews project details, builder experience, assets, and credit to determine loan pricing.
- Financing is available for SPEC builds intended for sale, as well as build-to-rent scenarios.
- Loan amounts can be up to 60% of the lot cost and 85% of the construction cost.
- Loan origination fees can be financed into the loan, reducing the cash at hand needed at the start.
- No income documentation is needed to qualify, though LendSure may inquire about recent income trends.
With Ground-Up Construction loans, you benefit from competitive rates, flexible terms, and opportunities for repeat business. As projects transition from construction to permanent structures, our financing can evolve into long-term solutions for end buyers, supporting ongoing business growth.
LendSure’s programs come with extensive, common-sense pre-qualifications—usually within 24 hours—so you and your clients can move forward with confidence.