📞 (877) 298-1001 · Mon-Sat 7am-9pm CT · Lending in Pennsylvania · NMLS #1734316
— CONSTRUCTION LOANS · PHILADELPHIA, PA

Construction Loans in Philadelphia

85% LTC. Interest-Only.

Philadelphia builders and investors: ground-up construction financing up to 90% LTC and 75% LTARV. 12-24 month terms. Interest-only during build. Fast draw releases.

Check My Philadelphia Construction Rate →
9.99%
From Rate
90%
Max LTV
$5M
Max Loan
21 Days
Close
TL;DR Quick answer for Philadelphia investors

Ground-up construction loans in Philadelphia qualify based on the property's rental income, not your W-2 or tax returns. Up to 85% LTC and 75% LTARV, 12-24 month terms, interest-only on drawn funds, first-time builders welcome with experience.

LendingStreet has structured $4.36B+ across 8,196 deals nationwide. NMLS #1734316 · 30+ capital sources · 50 states.

Construction Loans in Philadelphia, PA — Key Facts for Investors

Why is Philadelphia a strong market for Construction Loans investors?

Philadelphia offers some of the strongest rental yields among major US metros (9%+ gross), making it a top BRRRR and cash-flow market for serious investors. Low entry prices allow building portfolios quickly.

Median Price
$245,000
Citywide
Rental Yield
9.2%
Average gross
Appreciation
4.6%
YoY
Metro Pop
6.2M
Greater Philadelphia

Which Philadelphia neighborhoods are best for rental investors?

PHILADELPHIA

Fishtown

Gentrifying submarket with strong rent growth and BRRRR activity

PHILADELPHIA

Northern Liberties

Premium rental market favored by young professionals

PHILADELPHIA

Point Breeze

High-yield investor submarket with cash-flow opportunities

PHILADELPHIA

Brewerytown

Rapidly appreciating market with strong rental demand

PHILADELPHIA

West Philadelphia

University-adjacent rental market with consistent occupancy

We also fund investments throughout the greater Philadelphia metro including Cherry Hill, King of Prussia, Conshohocken, and the Main Line.

What deals has LendingStreet recently closed in Philadelphia?

SFR Purchase · Fishtown
$285K Loan
Closed
1.55x DSCR · 75% LTV · 30-yr fixed · 705 FICO · closed in 15 days
3-Unit Multifamily · Point Breeze
$420K Loan
Closed
1.48x DSCR · 75% LTV · LLC borrowing · 690 FICO · closed in 19 days
Cash-Out Refi · Brewerytown
$185K Loan
Closed
1.42x DSCR · 70% LTV cash-out · 715 FICO · closed in 17 days

Borrower names and exact addresses anonymized for privacy. Rates and terms reflect actual closed deals through LendingStreet's network of 30+ capital sources.

Frequently asked questions: Philadelphia Construction Loans

What's the max LTC on a Philadelphia construction loan?

Philadelphia ground-up construction loans go up to 90% LTC (loan-to-cost) and 75% LTARV (loan-to-after-repair-value).

How long is a Philadelphia construction loan term?

12-24 months standard. Extensions available if needed. Most spec builders prefer 18-month terms.

Do I make payments during construction?

Yes, but interest-only on funds drawn — not the full loan. This keeps carrying costs manageable during the build phase.

How fast can construction draws release in Philadelphia?

5-7 business days from inspection. We work with regional inspectors familiar with the Philadelphia market.

What credit score is needed for Philadelphia construction loans?

680+ for standard programs. 720+ unlocks the best pricing. Experience required (1-2 completed projects).

Can I borrow in an LLC for Philadelphia construction?

Yes. Standard for construction projects — provides liability protection during the build phase.

What's the minimum construction loan in Philadelphia?

$250K minimum. Maximum $5M+ for qualified borrowers with development experience.

Do you fund infill construction in Philadelphia?

Yes. Philadelphia infill projects are a core market. Custom homes, spec builds, and townhouse projects all qualify.

Related Philadelphia Loan Programs

DSCR in Philadelphia → Bridge in Philadelphia → Fix & Flip in Philadelphia → Construction Loans in Pennsylvania →

Get Your Pennsylvania Construction Loans Rate Today

No credit pull. No commitment. Speak with a licensed financing firm that knows the Pennsylvania investor market.

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