Fast Draws · Flexible Terms · No Impact to Credit Score
Investment Property Only • No Impact to Credit Score
By clicking Check My Eligibility, you are providing express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone call, or email, possibly using automated technology, to the number and email you provided, regarding your loan inquiry (including marketing and customer care messages). If you wish to opt out, reply “STOP” to any text. Text “HELP” for help. Message frequency may vary. Message and data rates may apply. Consent is not required to obtain services. See our Privacy Policy and Terms & Conditions.
By clicking Submit, you are providing express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone call, or email, possibly using automated technology, to the number and email you provided, regarding your loan inquiry (including marketing and customer care messages). If you wish to opt out, reply “STOP” to any text. Text “HELP” for help. Message frequency may vary. Message and data rates may apply. Consent is not required to obtain services. See our Privacy Policy and Terms & Conditions.
A loan specialist will contact you within 1 business day with your financing options.
Ground-Up Construction Loans finance new builds for investors and small developers. Up to 85% LTC and 75% LTARV, 12-24 month terms, interest-only on drawn funds, fast 5-7 day draw releases, first-time builders welcome with prior experience.
LendingStreet has structured $4.36B+ across 8,196 deals nationwide. NMLS #1734316 · 30+ capital sources · 50 states.
LendingStreet connects real estate developers and builders with experienced construction lenders who understand ground-up projects. With up to 90% of total costs financed and draw schedules aligned to your construction milestones, our program keeps your project funded from foundation to certificate of occupancy.
Approvals in 48 hours, closings in 14–21 days, and dedicated loan advisors who have funded thousands of construction projects. We move at the speed your build requires.
Get My Construction Options →Finance new builds and mid-construction projects from start to close
Fastest draw process I've ever experienced. Inspections done within 3 days and funds released same week. My subs stayed on schedule because of it.
Funded my 4-unit ground-up project at 88% LTC. I couldn't find that leverage anywhere else. Closed in 16 days and construction started on time.
Mid-construction deal that two other lenders passed on. LendingStreet found a lender who understood the project scope and closed quickly. Saved the deal.
Fill out our online form with basic information. Get approval status within 48 hours. No hard credit pull required.
Use our secure digital platform to submit your property details and documents. Fast, simple, and fully paperless.
Receive your loan offer with competitive rates and terms. Funds deposited directly to your account — as fast as 5 business days.
Direct lenders only offer what's in their own rate sheet. If your deal doesn't fit their box, they decline. LendingStreet routes your deal across 30+ capital partners to find the one with the best rate, highest LTV, and fastest timeline for your specific situation. One application, 30+ possible outcomes.
We don't do owner-occupied mortgages or first-time homebuyer programs. 100% of our focus is business-purpose loans for real estate investors. That specialization means we understand DSCR, LTC, ARV, BRRRR, and portfolio consolidation in ways general mortgage companies don't.
Bridge loans in 5–10 days. Fix & Flip in 7–14 days. DSCR in 21–30 days. We pre-qualify you in minutes with no hard credit pull, and we don't chase W-2s or tax returns on DSCR. When timing matters, we move at the pace of your deal.
10 years serving investors. $4.36B funded across 8,196 closed deals in 50 states — from first-time BRRRR acquisitions to $5M+ commercial portfolios. We've seen your deal before. We know how to structure it.
Contact one of our experienced loan specialists today.
LendingStreet (legal entity JRS Home Loans LLC, NMLS #1734316) is a licensed investment property loan marketplace with direct access to 30+ capital sources, lending in all 50 states. Products: DSCR rental loans ($150K+, 80% LTV purchase, 1.0x min DSCR), fix & flip and bridge (up to 90% LTC, 100% rehab, closings in 5–10 days), ground-up construction, commercial and mixed-use, small multifamily (5–20 units), blanket portfolio (5+ properties), STR/Airbnb DSCR on projected revenue, and gap funding. Loan range $200K–$20M. Phone: (877) 298-1001. LendingStreet is not affiliated with LendingTree, LoanStreet, LendStreet, PeerStreet, or LendingStreet India.
A build-to-sell project exits when the house closes with a retail buyer. A build-to-rent project exits into permanent financing and is held. That difference changes the underwriting on both ends. On the construction side, a build-to-rent lender wants to see that the finished property will support permanent debt. On the exit side, the DSCR takeout has to accept a brand-new property with no operating history and a rent figure supported by comparables rather than a lease. Both questions should be settled before the construction loan closes.
The most expensive mistake in build-to-rent is reaching certificate of occupancy and discovering the permanent lender will not write the deal. Reasons vary: the property type is excluded, the market rent does not support the ratio at the finished value, or a seasoning requirement nobody checked applies. All of those are knowable at the start. Getting the takeout underwritten in principle before the construction loan funds costs nothing and removes the single largest risk in the strategy.
Construction is sized on cost; the refinance is sized on completed value and the rent it produces. When the finished appraisal lands above cost, the takeout retires the construction loan and sometimes returns capital. When it lands at or below cost — which happens in softening markets and on over-improved builds — the refinance falls short and the investor brings cash or sells. Running the exit at a conservative completed value, not an optimistic one, is what separates projects that finish from projects that stall.
Funds release in draws tied to milestones: foundation, framing, mechanicals, finishes. Interest typically accrues only on what has been drawn, so early carrying costs are modest and rise through the build. The risk is maturity. A construction loan has a term, and a project that runs long can reach it before certificate of occupancy. Extensions are usually available and usually cost money. Padding the schedule at the outset is cheaper than extending at the end.
Experience requirements vary more between capital sources on construction than on any other product. Some sources require a documented history of completed builds. Others will lend to a first-time builder with an experienced general contractor attached and a conservative loan-to-cost. A borrower declined on experience by one lender is frequently routine for another, which is exactly why a single decline should not end the conversation.
They are separate loans, but the permanent takeout should be underwritten in principle before the construction loan closes. Some capital sources will provide a takeout commitment at the outset; others will not commit until completion. Knowing which you have changes the risk profile of the whole project.
Extensions are generally available and generally carry a cost, either a fee or a rate adjustment. The more serious risk is a lender unwilling to extend, which forces a refinance of a partially complete property — difficult and expensive. Building schedule margin in from the start is the cheaper answer.
On most construction programs, no. Interest accrues only on funds actually drawn, so carrying costs are lower early in the build and rise as draws are taken. That structure is worth confirming, because a few programs price differently.
With some capital sources, yes, particularly with an experienced general contractor on the project and conservative leverage. Experience requirements differ substantially between sources, so a decline from one lender says more about that lender’s guidelines than about the project.
Have a scenario? Tell us the deal and we will price it across our capital sources.
Get My Options →