Modern residential architecture illustrating the outcome of a development project

Construction Loans / Development & renovation

Capital for what comes next.

Financing for new construction and substantial renovations, with a structure that considers the project budget and stages of development.

Discuss Your Transaction

Construction Loans

Property-backed capital

Nationwide perspective

Explore the structure

The structural lines and glass facade of a commercial building — REAL ESTATE PERSPECTIVES / REPRESENTATIVE PHOTOGRAPHY

THE FINANCING PERSPECTIVE

The project is more than a completed property.

Construction financing brings the land or existing property, the development plan, and the cost of delivering that plan into the same conversation. A useful brief explains what will be built, how the work is organized, and what will happen when it is complete.

New development and substantial renovations have different starting points, but both benefit from a clearly defined scope. Project budgets, schedules, and proposed funding stages help connect the capital to the work ahead.

Tell Us About the Property

WHERE THE STRUCTURE FITS

Start with the purpose.
Build the context.

The same program can serve different opportunities. The purpose helps shape the conversation.

Ground-up development

Present the property, intended building, development budget, and path from the current site to the completed asset.

Substantial renovation

Explain the existing condition, proposed changes, contractor scope, and the intended use of the improved property.

Project completion

Identify work already completed, outstanding costs, remaining milestones, and the capital required to finish the plan.

THE DETAILS THAT MATTER

Capital that considers the work in between.

A construction project moves through milestones. Discuss how funds will be made available, what information supports a draw, and how progress will be documented. These details help establish expectations before work proceeds.

A budget should explain the construction scope and the assumptions behind it. Include contingencies, the status of any relevant approvals, and the planned sale or refinance of the completed property.

A USEFUL STARTING POINT

Bring the asset
into focus.

A practical overview of the property and your plan is more useful than a financing request in isolation.

Relevant property categories

Residential developmentCommercial constructionMixed-useMultifamily

Before the conversation

Prepare a detailed budget, scope, and project schedule.
Discuss the draw process and inspection requirements.
Plan for contingencies and the completed property’s exit.

Financing amount, term, costs, documentation, and timing depend on the transaction and underwriting. Share the requested capital, estimated property value, state, and financing purpose to begin.

A SELECTED FUNDED TRANSACTION

$1.1M

Custom home construction / Salt Lake City, Utah

A $1.1 million construction loan to fund the development of a luxury custom home in Salt Lake City, Utah.

Explore the Transaction

THE PATH FORWARD

From a clear brief
to a considered structure.

Explore the Process

Submit the opportunity

Share the property, capital requirement, and purpose of the financing.

Review the deal

We consider the asset, your business plan, and the path to repayment.

Structure the financing

Discuss a structure that brings the amount, term, and transaction together.

Move toward closing

Complete underwriting, documentation, and the closing requirements.

Questions,
considered.

What should a construction budget show?

Describe the work, estimated costs, timing, and contingencies. Include the parties responsible for delivery and explain the proposed exit. Specific documents and draw requirements depend on the project review.

What can construction loans be used for?

Develop a new commercial or residential property. Complete a substantial renovation. Finance labor and materials as work progresses. Share the purpose of your transaction so the financing can be considered alongside your plan.

What information should I prepare?

Prepare a detailed budget, scope, and project schedule. Discuss the draw process and inspection requirements. Plan for contingencies and the completed property’s exit. Start with the loan amount, estimated property value, property type, and state.

Are the terms the same for every property?

No. The asset, borrower profile, collateral, purpose, and repayment plan inform the review. An inquiry does not constitute financing approval.

Can I discuss other financing structures?

Yes. Explore our other programs or describe your transaction in the financing intake. The purpose and property help guide the discussion.

Architectural detail of commercial real estate

YOUR NEXT OPPORTUNITY

Have a transaction
worth discussing?

Tell us about the opportunity.
We’ll take a closer look.

Request Financing