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Builder Loans

Ready to finance your next construction project? At Park Place Finance, our Builder Loan is tailored for builders of all experience levels. Whether you’re expanding your business or taking on your first build, we’ve got the support you need.

We offer quick, dependable funding with competitive rates, so you can focus on bringing your project to life efficiently and profitably.

In-house capital, direct private lender
Investment properties only
5-7 business day close
Lending in urban and suburban areas nationwide
Fast draw process in as little as 24 hours
1-4 unit, resid., Multi-family, Condos

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or call us at (866) 407-1599

Program Terms

Finance your rental portfolio with ease

LOAN AMOUNT

$100,000 to $2,000,000

MINIMUM CREDIT

660

TERM

12-24 months

RATES

Rates as low as 10.99%

POINTS

1-4% (Discount Points)

PAYMENT

Fully Amortized, I/O, No PPP Options

PURCHASE LOAN TO VALUE (LTV)

Up to 60%

MAX LTC

Up to 85%

MAX ARV

Up to 70%

ELIGIBLE LOCATIONS

42 States

PROPERTY TYPE

Investment property only

Need to Complete Rehab on the Property First? No Problem, check out our Fix and Flip Loan Options

Fix and Flip Loan Options

Loan Details

Property Types-Urban and Suburban Properties

Closing Costs

Additional Requirements

Park Place Finance Builder Loans are designed for various Rental Properties to meet your Investment Real Estate Needs.

Single Family Homes
Duplex, Triplex, Quadplex
Warrantable Condos
2-50 Property Portfolios
Urban Properties within 42 States

Park Place Finance eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.

Document Preparation Fee – $1,695.00
3rd Party Attorney Review – $535.00
Appraisal: $500-700 typically

You’ll love the ease of closing with Park Place Finance, because of our common sense underwriting. No Tax Returns, No Income Verification, and Primarily Credit, Property Details and Debt Ratio to Qualify! To speed up the process, here are the main items you’ll need to gather:

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Discover the Park Place Advantage

Close Fast (TYPICALLY 5-7 Business Days)

Competitive Rates (Rates from 7.25% APR)

Nationally Trusted (Over 1 Billion Funded!)

Trusted by thousands of Real Estate Investors

We’ve closed over 4,000 loans and have funded over $1 Billion since 2006. We know how to help make sure your next project is profitable with our combined 50+ years of lending experience among our executive team. Call us today to help make your next investment property a success!

Hard Money Loan Resources

Posted on 04/24/2024

The Investor’s Edge: Hard Money Lenders vs. Traditional Banks

Posted on 07/24/2024

Building Your Dream: A First-Time Builder’s Guide to Ground-Up Construction Loans

Posted on 05/29/2024

Fast-Track Your Fix-and-Flip: Mastering the Draw Process with Hard Money Loans

See More Resources

Recently Funded

Sandy Springs, GA

DSCR
Loan Amount: $897,500
LTV: 67.99%

Bradenton, FL

DSCR Purchase
Loan Amount: $339,750
LTV: 75%

Peoria, IL

DSCR Purchase
Loan Amount: $114,750
LTV: 75%

Detroit, MI

DSCR Purchase
Loan Amount: $118,125
LTV: 75%

Cape Coral, FL

Fix and Flip
Loan Amount: $364,000
Rehab Financed: 100%
LTC: 87%
ARV: 70%

Austin, TX

New Construction
Loan Amount: $2,263,500
LTC: 81%
ARV: 73%

Frisco, TX

Bridge Loan
Loan Amount: $618,870.75
LTV: 75%

Frisco, TX

Bridge Loan
Loan Amount: $1,380,000
LTV: 80%

Indianapolis, IN

Fix and Flip
Loan Amount: $228,000.00
Rehab Financed: 100%
LTC: 78.62%
ARV: 56.86%

Spicewood, TX

Bridge Loan
Loan Amount: $1,600,000
LTV: 58.18%

What Customers Are Saying

Joseph Morley was extremely helpful and was able to get our deal closed within just 2 days. We would definitely recommend him for any home financing. It was a total pleasure to work with him.

The definition and emphasis of dedication, devotion, and diligence was redefined to a whole new level (unimaginably speaking); through out the entire loan process working with Park Place Finance. Look no further, if you need to close quickly, and demand superlative stellar customer service. My loan officer was able to help me close the loan within 11 days! Highly recommend you call them; if you prefer this route (hard-money, direct private lending).

Connor Donovan was very helpful with my loan from start to finish. I gave him everything he asked for right away and from there on out, he didn’t ask for much! I closed on time with no headaches and a lot less fees! Thanks Connor! Let’s do it again!

Great working with Park Place they made everything go smoothly for my transaction. Highly recommended!

See more reviews

Explore our other loan products

Bridge

A short-term loan used to acquire or refinance a property when conventional financing is not available or will take too long to close.

Our Terms

Fix and Flip

Designed to fund 100% of your renovation costs and close quickly to keep you competitive with your investment properties.

Our Terms

Ground Up Construction

Designed to provide a streamlined funding solution to build single family projects.

Our Terms

Rapid Rate Quote

Share some basic details about the financing you’re looking for by answering a few simple questions. We’ll take a look and reach out to discuss your loan options.

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