New Construction Loan Details

Construction Financing Built for Builders

At Lima One, we understand the unique challenges that builders face every day. That’s why we offer a Strategic Accounts team that allows us to customize lending solutions for deals that require a little extra creativity.

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new construction loan details
This Project Funded by Lima One Capital

Fast, Flexible construction financing

Creative Lending Solutions for Creative Builders

Whatever your use case, we’ve got a solution. If our experience has taught us anything, it’s that just because a project isn’t conventional doesn’t mean it’s not worth doing. We specialize in providing a reliable capital source for construction projects of all types.

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Build in Any Market
Off-the-Grid Projects
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Build in Any Market
Off-the-Grid Projects

If you’re building in an area that’s light on regional banking solutions, Lima One provides competitive lending and financing options that allow you to move quickly, regardless of the location of your new construction project.

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Banks are Limiting You
Bank's Not an Option
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Banks are Limiting You
Bank's Not an Option

Whether your project won’t qualify or you simply don’t want to deal with all the red tape and documentation that banks require, we make sure you have a reliable source of capital for your construction. And even if you do qualify with a bank, most of them will cap you at your deposit limit. Not us. We look to set an exposure limit that truly enables you to scale.

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A&D Takeout
A&D Takeout
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A&D Takeout
A&D Takeout

Have you completed your land acquisition and A&D? Are you ready to go vertical? Lima One will take out your A&D loan and set you up with high leverage financing that gives you a clear path forward to execute on your builds.

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Leverage Your Land
Cash-Out Land Equity
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Leverage Your Land
Cash-Out Land Equity

Own the dirt free and clear? We'll help you by financing your land and providing the money to build a new home you can rent or sell.

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Hit Your Lending Limit
Over-Extended
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Hit Your Lending Limit
Over-Extended

Don’t change your strategy just because you hit your limit of loans with a bank or lender. Maxed out at six loans with a lender, but still have five projects left to complete? Lima One gives you a viable funding option that lets you continue to scale.

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New Construction

New Construction Loan From Lima One

Loans for builders with shovel-ready lots or teardown projects.

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Loan Features
  • Up to 90% LTC, 70% LTARV
  • Loans from $100K to $5M
  • 19 & 24-month loan term options
  • Interest-only new construction loans, paying only on drawn funds
  • Fast draw process, funds in as little as four days
  • 1-4 unit properties
  • Use fix & flip experience to qualify for new construction financing

*Exterior valuations available case by case. Loan amount, product, and market restrictions may apply.

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Build2Rent

Build2Rent Program From Lima One

Two-close loan program (one for the build, one for the rental) that tackles the build-to-rent strategy.

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Loan Features
  • Single property and portfolio loan options
  • Fast, simple closings on both the construction loan and rental loan
  • 13, 19, & 24-month term options for the construction
  • Choose a fixed or adjustable rate mortgage on the rental loan
  • Discounted fees on a refinance to rental loan
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Bridge Plus

Bridge Plus Loan From Lima One

Free up working capital with a bridge loan for new construction financing on completed new home inventory.

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Loan Features
  • Fast closing
  • Exterior valuations*
  • No prepayment penalty
  • Up to 80% LTV
  • 13, 19 & 24-month term options
  • Single loans and portfolio blanket loans

*Exterior valuations available case by case. Loan amount, product, and market restrictions may apply.

Looking for Inspiration?

See how we’ve helped clients just like you with new construction financing.

Case Study

Boilings Springs, SC

708 Barkwood Court in Boilings Springs, SC

In 2019, a builder looking to scale his business reached out to Lima One for new construction financing. He had big dreams and needed a financing partner to help him achieve them—and Lima One has done just that.

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$203K

Loan Amount

$290K

After-Repair Value

Still Have Questions?
Need More Details? Ready To Go?

Whatever you need, we’re here to help. Reach out today.

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