Ground-Up Construction
Flexible construction financing built to support projects from ground-up to completion.
Capital Solutions for Ground-Up Construction
Have a vision for new construction? Our Construction Loan funds up to 90% of total
costs for new builds or small development projects. From blueprint to move-in, we
provide reliable funding so your project doesn’t stall.
Why investors love this program:
- Fund up to 90% of total costs – minimize out-of-pocket expenses.
- Purchase or refinance options – flexibility for your project.
- For small builders & developers – scale your construction projects confidently.
Bring your vision to life and finish your project on time and on budget.
Rates and Terms vary depending on several factors including borrower experience, credit and project size. Get started today to see your loan
terms.
| Loan Amount | $200,000 to $6,000,000 |
| Minimum Credit | 640 |
| Rates | 9.99%+ |
| Points | 1–4% |
| Payment | Monthly, Interest Only, No Prepay Penalty |
| Loan to Land Purchase (AILTV) | Up to 75% |
| Loan to Cost (LTC) | Up to 90% |
| After Repair Value (ARV) | Up to 70% |
| Term | 12, 18, or 24 Months |
| Type / Location | Infill Construction in Urban / Suburban Areas |
| Experience Required | Must have GC if builds last 36 months |
Ground-Up Construction Loan Details
Park Place Finance specializes in residential real estate and can fund
various properties including:
- Single Family Homes
- Duplex, Triplex, Quadplex
- Townhouses
- Spec Homes
Vision First Capital believes in transparent, straightforward pricing—no junk fees,
no surprises at closing. We keep our fee structure simple so you know exactly
what to expect.
- Document Preparation Fee: $1,995
- Legal & Recording Fee: $695
- Appraisal: TBD
Clear terms. Honest pricing. Financing you can trust, only with Vision First
Capital.
To close a Ground-Up Construction Loan with Vision First Capital, there
are a few key items you’ll need to submit. Once you apply, you’ll receive
access to our secure document portal for quick and easy uploads.
General documentation requirements include:
- Loan Application
- Purchase Contract (if applicable)
- REO Schedule / Experience Summary
- Property Insurance
- Identification & Borrower Entity Documents
- Construction Budget Appraisal
- Building Plans
- Permits (if applicable)
Vision First Capital—structured, reliable financing to help you build with
confidence.
How It Works
A clear path to funding, built around speed, structure, and trust.
Share Your Vision
Tell us about your deal, goals, and timeline.
Review & Structure
We assess options and structure the right financing.
Match With Capital
We connect you to the best-fit lender or investor.
Approve & Close
Move through approval and close efficiently.
Frequently Asked Questions
What is a New Construction loan?
A New Construction loan is designed to finance ground-up residential building projects, providing funding throughout the construction process.
What property types are eligible?
This program supports both single-family and multi-family residential properties.
How much of the construction cost can be financed?
The program allows financing of up to 100% of eligible build costs, subject to underwriting and project review.
How does the draw process work?
Most New Construction loans close within 10–20 days, depending on documentation and project readiness.
How long does it take to close?
Most New Construction loans close within 10–20 days, depending on documentation and project readiness.
What are the interest rates?
Rates start from 8.99%, with final terms determined by project scope and underwriting.
Is this loan suitable for experienced builders only?
Both investors and builders may qualify, provided the project meets program guidelines.
What information is needed to get started?
Basic project details, construction plans, budget, and borrower information are typically required for initial review.