A Ground Up Construction Loan provides financing for builders looking to construct new residential properties. Our straightforward, common sense approach gets builders the financing they need to get a property ready for sale.
The Ground Up Construction Loan is for builders and investors who build new properties and need financing for land and new construction costs. Haus Lending provides loans with terms up to 18 months for your Ground Up projects.
The Ground Up construction program finances projects for residential real estate investment properties with loan amounts between $50,000 and $5 million.
A bridge loan is short term financing used until permanent financing is secured. These types of loans are common in real estate transactions and typically range from 6-18 months. Bridge loans are backed by some form of collateral, usually the subject property.