NEW CONSTRUCTION - GROUND UP
Streamlined Financing for Ground-Up Projects.
Building from the ground up requires precision and the right financial partner to bring your vision to life. At Turning Point Lending, we offer flexible funding solutions designed to support your timelines and help your projects succeed.
Competitive Rates
Boost your profits with our competitive rates and tailored New Construction loan terms.
High Leverage
Keep your capital intact with financing of up to 85% LTC on our New Construction Loans.
Flexibilty & Support
Diverse loan options and expert support help maximize your ROI and streamline the process.
Empowering Your Vision, One Build at a Time.
Our New Construction Loans are crafted to provide the flexibility, competitive terms, and fast approvals you need to bring your vision to life. Whether your goal is to build a single-family home or a multi-unit property, we’re here to ensure your project stays on track from start to finish.
New Construction Program Highlights
Loan Amount: $150,000 - $3,000,000
Finance up to 85% LTC, 70% LTARV
Up to 100% of construction budget
Fast draw process, disburse funds in as little as 3 days
Up to 24-month term available
1-4 Single-Family Homes, Condos, Townhomes
LLCs, LPs, and Corporations
Building Your Success from the Ground Up
At Turning Point Lending, we finance every aspect of new construction, from teardowns and in-fill lots to multi-family projects and subdivisions. If you’re developing real estate, we’re the lender you can count on.
What makes our new construction loans stand out? Competitive pricing, streamlined processes, and open communication. We understand that builders need the best deal, so we combine great rates with an easy application process to keep your projects moving from start to finish.
New construction often calls for creative solutions, and we’re here to deliver. Whether it’s flexible structuring, partial takeouts, or common-sense underwriting, we eliminate unnecessary delays and focus on getting you funded on time. With Turning Point Lending, you can maximize your earning potential and keep building with confidence.
Testimonials
Our Service Area
New Construction/Ground-Up Loan FAQs
Bar none, the biggest problem Turning Point Lending’s owners had when they were developing New Construction projects, was finding lenders who understood their projects. Well, we’re here to tell you, that we’re the lender who understands all of the nuance associated with New Construction Loans.
These problems can be numerous: zoning, engineering, permitting, construction capitalization, loan structure, loan agreement structure, and draw disbursals. When you work with our Team, from a compliance standpoint, we understand zoning ordinance and variance decisions, subdivision approvals and recordation, and permitting. From a project execution standpoint, we ensure that your project is adequately capitalized, so you don’t run out of money, your loan agreements are structured so that when partial takeouts are necessary, you can do them, and when draw disbursals are needed, they are funded quickly.
We lend money both ways. And when our Borrower already owns the land, we apply a fair percentage of the equity in the land to their liquidity.
Turning Point Lending supports New Construction Lending in 45 of 50 states. In the last few years, our bread and butter areas have been growth markets as lending in Charlotte, Tampa Florida, Sarasota Florida, and Cape Coral Florida has increased quite a bit.
Elevate Your Real Estate Development with Turning Point Lending’s New Construction / Ground-Up Loans
Discover unparalleled opportunities in real estate development with Turning Point Lending’s New Construction/Ground-Up Loans. These specialized financing options empower you to transform vacant or rundown lots into magnificent properties. Our comprehensive loans cover land acquisition, construction costs, permits, and more, ensuring you have everything needed to bring your vision to life.
Flexible Terms and Competitive Rates
Partnering with Turning Point Lending means access to flexible terms and competitive rates, providing a robust financial foundation for your construction projects. We understand the unique challenges of ground-up construction, and our tailored solutions streamline your journey from project inception to successful completion.
Nationwide Availability with a Focus on Key Metropolitan Areas
Our New Construction/Ground-Up Loans extend beyond geographic boundaries. While we proudly serve developers and builders in Pennsylvania, New Jersey, Delaware, and surrounding regions, we are also equipped to assist visionaries across the nation. Our services are particularly robust in key metropolitan areas such as Houston, Texas; Philadelphia, Pennsylvania; Sarasota, Florida; Seattle, Washington; Tampa, Florida; Charlotte, North Carolina; and Clearwater, Florida.
Your Trusted Partner in Construction Success
Turning Point Lending is committed to being your trusted partner in realizing your construction aspirations. With our expertise, dedication to excellence, and nationwide availability, we support you in transforming empty lots into thriving properties. Build your future with confidence and success by choosing Turning Point Lending’s New Construction/Ground-Up Loans today.
Optimize your real estate development journey and achieve your construction goals with Turning Point Lending. Contact us now to learn more about how our specialized financing solutions can elevate your projects.
