For experienced builders and developers, ground-up construction offers the highest potential margins. We provide the capital required to take your project from vacant land to certificate of occupancy.
We offer high Loan-to-Cost (LTC) financing for single-family spec homes, multi-unit developments, and commercial builds. Our streamlined draw process and common-sense underwriting keep your development on track.
We prefer you to own the land or have significant equity, but we can finance a portion of the land acquisition alongside the construction costs.
Ground-up loans generally require a proven track record of completed projects. First-timers should partner with an experienced GC.
Typically 24-48 hours after the inspector verifies the completed work phase.
Yes, 'Build-to-Rent' is a very popular strategy that we support.
We typically build an interest reserve into the loan so you don't have out-of-pocket payments during the build.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT