Ground Up Construction

Construction Financing From Land to Completion

ACP Real Estate Lending provides ground-up construction financing for non-owner-occupied residential investment projects. Financing can be structured around the project’s total cost, completed value, construction plan, and exit strategy, with construction funds advanced through controlled draws as work is completed.

Program Highlights

• Financing for qualifying land acquisition and vertical construction costs
• Interest-only payments during the construction term on applicable programs
• Construction funds released through a draw process
• Leverage evaluated against project cost and the property’s completed value
• Available for build-to-sell and qualifying build-to-rent strategies
• New and experienced investors may be considered

Experience Is Not Automatically Required

Lack of prior ground-up construction experience does not automatically disqualify a project. However, the experience of the borrower, general contractor, or builder can materially affect approval, leverage, pricing, required equity, reserves, and overall program fit. A strong construction team and a realistic, well-supported budget remain essential.

What We Review

Each project is reviewed individually. Typical underwriting includes the land purchase price or current basis, plans and specifications, permits or permitting status, detailed construction budget, project schedule, completed-value support, borrower credit and liquidity, builder or contractor credentials, contingency reserves, and a clearly defined sale or rental exit strategy.

Eligible Projects

Programs may accommodate single-family spec homes, infill construction, build-to-rent properties, and certain 2–4 unit residential projects. Property type, location, borrower profile, and construction complexity determine the available structure.