Starting Rate
Rates from 8.99%*
Real Estate Lending / Ground Up Construction Loans
Ground Up Construction Loans
For Experienced Developers Bringing New 1–4 Unit Housing from Land to Life.
Finance Eligible New Builds with a Structure That Connects Land, Construction Costs, Interest Reserve, and the Finished Project’s Value.
At a Glance
8.99%
Starting Rate
12 mo.
Term
$50K–$3M
Loan Amount
Plan the Project
ARV & Maximum Offer Calculator.
Build a Practical First-Pass View of a Ground Up Project. See the Modeled Margin, Cash Estimate, and Offer Guardrails Before You Bring the Opportunity to ClearBlu.
A Useful First Screen
ARV Is an Estimate of the Property’s Value After the Planned Work. Use Conservative Assumptions and Update the Inputs as Your Scope, Financing, and Exit Plan Become Clearer.
Next Step
Quick Application
Complete the Quick Real Estate Investor App and We’ll Be in Touch Shortly Regarding Your Term Sheet.
Applying For
Ground Up Construction
Your Product Path Is Identified Here so You Can Focus on the Property and Project Details.
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Rates & Terms
The Useful Details, in One Clear View.
Guidelines Give the Project a Starting Point. We’ll Look at the Asset, the Plan, and the Borrower Together to Confirm Fit.
Term
12 Months; Up to 18–24 Months for Experienced Developers
Loan Amount
$50,000–$3 Million
LTC / LTV
Up to 75% of the Lower of Land Value or Purchase Price, Plus 100% of Construction Costs; 60% LTC if Unpermitted; Up to 70% LTV on ARV
Interest Reserve
Required; Minimum of 1 Month
DSCR
Not Specified in Current Program Guidelines
Minimum FICO
Not Specified in Current Program Guidelines
Recourse
Full Recourse
Borrower Requirement
Prior Building Experience Required. Experienced Developer: 3+ Similar Builds, Up to 90% of Total Project Cost with Interest Reserve
Eligible Property Types
New Builds of 1–4 Units; Non-Owner-Occupied Townhomes and Condos
Key Restrictions
Excludes 5+ Unit Multifamily, Mixed-Use, Farms, Log Homes, and Vacation or Rural Properties
Explore the Full Lending Suite
Find the Right Path
for the Deal.
Who It’s For
A Capital Path with a Clear Job to Do.
Developers with a Proven Building Track Record and a Clear Plan for a New Non-Owner-Occupied Residential Project.
Bring Us the Opportunity Early. We’ll Help You Understand What the Deal Needs, What the Program Supports, and What to Prepare Next.
How It Works
From First Conversation
to Funded Deal.
01
Get in Touch
Tell Us What You’re Buying, Building, or Holding and Where You Want the Project to Go.
02
Submit Your Deal
Share the Property, Borrower, Budget, and Exit Details so We Can Underwrite the Full Picture.
03
We Fund
Move Forward with a Clear Capital Plan and a Lending Partner Who Understands the Work.
Your Next Move Starts Here