Construction Loans
Financing for Ground-Up & Partially Completed Projects
Hard Money Construction Loans
Hard money construction loans allow you to start or finish building a custom home or commercial building faster than going through a lengthy bank financing process. With as little 20% down of total cost, you can begin building within three weeks.
Ground-Up & Construction Completion
- Ground-up construction and construction completion
- Business Purpose Only (Spec Home, Multi-Family, Commercial, and Owner User)
- Construction to bridge and permanent programs
- Up to 85% loan-to-cost (LTC), including lot and build
- Interest Reserve can be built in
- Closing in as little as three weeks
- 12–24 month term
- No prepayment penalty
- Special approvals for loans greater than $4 million
Disclaimer: Information, rates, and pricing are subject to change without prior notice. All loans subject to borrowers and underlying collateral meeting First Capital Trust Deeds’ and/or assigns then-current underwriting criteria. Other restrictions apply.
