Ground-Up Construction Loans for Real Estate Investors
Construction financing for experienced builders and developers with permits in hand. Qualified scenarios may receive up to 75% LTC and financing for 100% of approved construction costs. DSCR takeout is available after stabilization.
Experienced builders and developers
Projects with permits in hand
Build-to-rent construction
New 1-4 unit rental construction
Defined budget, contractor, and exit
Construction-to-Rental Financing
Qualified build-to-rent projects may transition from short-term construction financing into long-term Steel Root DSCR financing after completion and stabilization.
Requirements
Submit a scenario
Enough detail to route a broker scenario quickly.
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Ground-Up Construction
Construction Process
Project Review
Steel Root reviews the site, plans, permits, budget, experience, and exit.
Terms and Underwriting
The project and proposed financing structure move through approval.
Construction Draws
Approved construction funds are released as work is completed.
Exit or Takeout
The completed property is sold or refinanced into permanent financing.
Property or land address
Land basis or purchase price
Plans and permits
Construction budget
Contractor information
Builder experience
Project timeline
Completed value
Requested loan amount
Exit strategy
Program FAQs
Permits are expected to be in hand before closing.
Ground-up construction requires verified completed builds. A sponsor with no construction history does not qualify, and fix-and-flip experience alone does not automatically carry over.
Yes. Land acquisition can be financed as part of the transaction, so you do not need to already own the lot. A lot already under your control can be brought into the loan at its cost basis.
Construction draws follow a simple path: draw request, inspection, approval, and funding.
Yes. Completed qualifying projects may transition into Steel Root DSCR financing after completion and stabilization.
Build-to-rent and new 1-4 unit rental construction.
Yes. A licensed general contractor under contract is expected on ground-up construction projects.
Have a permitted construction project?
Submit the plans, budget, experience, completed value, and exit for review.