Programs
Ground-up construction.
Financing for new construction on investment property, funded against verified progress. For builders and developers who can evidence a track record.
How construction lending works
A construction loan funds in stages. Land or acquisition is typically funded at closing; the build budget is held and released in draws as each phase is completed and inspected.
Interest is normally charged only on the drawn balance, which is why the total cost depends heavily on how fast you actually build. A project that runs six months long does not just cost more in labour — it carries debt for six additional months.
Experience is the gate
This is the least forgiving program in our set for a first-timer. Lenders want completed projects of comparable scope, and a builder with a real history. If you have not built before, expect either a decline or materially reduced leverage.
What lenders examine
- Entitlements and permits — approved, or a credible path with dates
- The budget, line by line, with a contingency that is not token
- The builder — licence, insurance, completed projects
- The schedule, and what happens to it if inspections slip
- The exit — sale, or refinance into permanent debt once complete
Typical structure
| Rate | — |
|---|---|
| Term | — |
| Max LTC | — |
| Max ARV | — |
| Draw schedule | — |
Subject to underwriting. Not an offer or commitment to lend.
What to send
- Site address and zoning
- Permit status
- Full construction budget
- Plans and specifications
- Builder details and past projects
- Exit and timeline
Easy Lending USA is not a lender, a bank, or a mortgage broker. We do not make credit decisions or fund loans. All programs are business-purpose loans secured by non-owner-occupied investment real estate and made to business entities.