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Plan set at the start
At closing we agree each build step and when we check the work, so you know what unlocks each payment.
Construction · Direct lender · Money in steps
Ground-Up Construction Loans money that arrives before your crew leaves
For empty land, a tear-down, or a build you plan to sell. We pay for the land and the build in steps as you finish each part. We use our own money, so we decide when to release funds — not a bank committee.
- 24–48 hrs
- Time to release money
- 100%
- Max loan to cost
- 12–36 mo
- Loan length (then hold loan)
Underwriting
What you can actually borrow to build
Ground-up runs on the Bridge track, so the full advance is in reach the moment your track record is. What changes by loan type is the advance rate — the structure underneath is the same.
95%
Max LTV
Construction advances are set by your track record and credit on the Bridge grid. The full 100% advance is reserved for qualified Fix & Flip.
- Advance set by the experience-and-credit grid
- Priced against the value once built (ACV)
- Milestone-based draws against a costed build schedule
Ground-up needs a costed build schedule and a defensible completed value; without both there is nothing to size the loan against. For 100% LTV, see Fix & Flip: 3+ completed projects and a loan of $1,000,000 or less.
If you don't clear the full advance
Below the full advance, max LTV is a function of two things at once: projects you have closed, and your credit score. Find your row, then your column.
| Projects closed | 660–699credit | 700–719credit | 720+credit |
|---|---|---|---|
| First-time investor | 70% | 75% | 80% |
| 1–2 projects | 75% | 80% | 85% |
| 3–5 projects | 80% | 85% | 90% |
| 6–9 projects | 85% | 90% | 93% |
| 10+ projects | 85% | 90% | 95% |
Credit under 660
The grid needs a 660. Below that we price off the asset class instead — the building carries the risk your score won't.
- Multifamily
- 80%
- Retail
- 70%
- Single-family
- 90%
- Industrial
- 65%
- Storage
- 65%
- Mixed-use
- 65%
- Office
- 60%
- Hospitality
- 60%
- Land
- 55%
ITIN & foreign nationals
ITIN holders and foreign national investors with at least two completed projects in the U.S. and a FICO score of 650 or higher may qualify for the same LTV terms as U.S. borrowers. All other eligible ITIN holders and foreign national investors may qualify for up to 70% LTV. Final LTV is subject to underwriting.
- At least 2 completed U.S. projects · FICO 650+
- Same LTV terms
- Other eligible investors
- Up to 70% LTV
How the money is released
Four simple steps.
02
You finish a step and ask for money
In the dashboard, with photos and the inspection.
03
We check and send the money
Our money, our decision — usually in 24–48 hours, not weeks.
04
When the build is done, you can hold the property
The next loan after the build is planned on day one — not rushed months later.
Ground-up construction loans
For empty land, a tear-down, or a build you plan to sell. We pay for the land and the build in steps as you finish each part. We use our own money, so we decide when to release funds — not a bank committee.
- Time to release money
- 24–48 hrs
- Max loan to cost
- 100%
- Loan length (then hold loan)
- 12–36 mo
Who qualifies
Business-purpose ground-up builds — empty land, tear-downs, and projects you plan to sell or refinance into hold.
Eligible
- Builders and sponsors building homes or projects to sell
- Investors tearing down and rebuilding on the same lot
- Developers on small lots and ground-up speculative builds
- Owners adding units on land they already own
- Entity and LLC borrowers on business-purpose transactions
- ITIN and foreign national investors*
- One facility covering both land and building — priced against the completed value (ACV)
- Milestone draws against a costed build schedule
Not eligible
- Building a home you will live in yourself
- Consumer-purpose or owner-occupied primary residence loans
- Loans under $100,000
- Projects with no clear budget and no defensible finished value
- Deals without a credible exit — sell or refinance into hold
*ITIN and foreign national investor LTV is based on experience and may be reduced based on final underwriting.
Frequently Asked Questions
Straight answers on draws, completed value, and what we ask for.
Up to 95% on the Bridge track, set by your completed projects and credit score — 95% for a sponsor with ten or more projects and a 720+ score. Priced against the value once built (ACV). 100% LTV is available only on qualified Fix & Flip (3+ completed projects and a loan of $1,000,000 or less).
Money is released in stages against your build schedule, as each milestone is verified — so you are not paying interest on capital that has not been put to work yet.
Three numbers: the purchase price or lot basis, the construction budget, and the value once built. That completed value is what the loan is sized against.
Yes. The land and the build are funded in one facility, so you are not raising a second round halfway through the job.
Refinance into stabilization and hold for up to 36 months with no new application, or sell. The exit is part of the structure, not an afterthought.
No. All CR Equity AI loans are business-purpose. We do not lend on an owner-occupied primary residence.
Yes. ITIN holders and foreign national investors are eligible. LTV is based on experience and may be reduced based on final underwriting. Additional documentation may be required.
Late money costs you a crew.
Two minutes to apply, soft credit check, terms in 5 minutes.
- 24–48 hrs
- Time to release money
- 100%
- Max loan to cost
- 12–36 mo
- Loan length (then hold loan)