FIDELITY FUNDING (877) 300-3007

Construction Loans

Real estate construction is unpredictable. Whether you're adding massive square footage, building an ADU, or taking over a stalled mid-construction project, you need a lender who understands the process.

We provide construction loans based on the project's After Repair Value (ARV). We manage draws efficiently to ensure your crews stay paid and the project stays on schedule, stepping in where traditional banks pull back.

Key Facts

  • Loan Amount: $200K - $10M
  • Max LTC: Up to 85%
  • Max ARV: Up to 70%
  • Terms: 12 - 24 Months
  • Investors completing heavy rehabs or additions
  • Developers taking over stalled projects
  • Homeowners building ADUs for investment
  • Builders of spec homes

Frequently Asked Questions

Do you fund mid-construction projects?

Yes, if a project stalls due to lack of funds or contractor issues, we can step in and provide capital to finish it.

Do I need permits before closing?

Depending on the scope, we can often close and hold construction funds while you finalize permits.

How do you determine the loan amount?

We look at the total cost to construct and the final ARV, ensuring the metrics fall within our guidelines.

Can I use this for an ADU?

Yes, ADU additions are a very common use for our construction products.

Is the interest charged on the undrawn amount?

We typically charge interest on the fully committed amount, but options exist depending on the loan structure.

Get a California Term Sheet Today

Fidelity Funding Corp · Direct California private money lender since 2006

(877) 300-3007

450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT

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