Finance your next ground-up construction project with flexible private capital built for builders and real estate investors. From lot acquisition through construction, our financing is designed to support your project from the ground up.
Access competitive leverage, fast closings, and a streamlined draw process with an experienced team behind you throughout construction, helping you stay focused on completing your project.
Construction Financing
Rates and terms vary depending on borrower experience, credit, and project size. Get started today to review your loan terms.
Loan Information
Review eligible property types, closing costs, and common documentation requirements.
Park Place Finance specializes in residential real estate and can fund a variety of ground-up construction property types, including:
Park Place Finance eliminates junk fees and offers straightforward pricing when it comes to fees associated with closing your loan.
To close a Ground-Up Construction Loan at Park Place, there are a few basic items that you will need to submit to our team. Below is a general list of common requirements.
Why Park Place Finance
A streamlined lending process designed to help real estate investors move quickly when timing matters.
Competitive pricing and flexible financing options designed around a range of real estate investment strategies.
Access private financing for investment properties across markets nationwide with an experienced lending team behind you.
Built Around Your Investment
Whether you’re financing your first investment property or taking on
a multimillion-dollar luxury project, Park Place Finance has financing
solutions designed to meet you at every stage.
We work with first-time investors, experienced operators, builders,
and developers nationwide, providing flexible private capital for
projects of all sizes. Our goal is to provide the financing, speed,
and support investors need to complete their objectives and position
their investments for a successful return.
Ground-Up Construction Financing
Learn more about construction financing, project requirements, draws, experience, and working with Park Place Finance.
Our clients choose Park Place Finance for our construction experience, responsive service, competitive leverage, and streamlined closing process. Our team understands the unique needs of builders and real estate investors and works to keep projects moving from financing through construction.
Our Ground-Up Construction Loan Program can be used for new residential construction and certain mid-construction projects. Eligible properties may include single-family homes, duplexes, triplexes, quadplexes, townhomes, and other qualifying residential investment properties.
Our construction financing is designed for investment and business-purpose properties rather than owner-occupied primary residences.
Leverage depends on the borrower, property, land basis, construction budget, and overall project. Review the current program terms above or contact our team for terms specific to your scenario.
Land financing is generally provided as part of a qualifying construction loan rather than as a standalone land loan. The property must be tied to an approved construction project.
Plans and permits are generally required before construction funding can begin. Requirements may vary based on the project, municipality, and transaction structure, so our team will review your scenario and confirm what is needed before closing.
Certain eligible soft costs may be included in the project budget depending on the transaction and underwriting review. Contact our team to review which costs may qualify.
Extensions may be considered depending on payment history, project progress, remaining construction work, and the reason for the delay. If your timeline changes, contact our team as early as possible to discuss available options.
Newer builders may still have financing options depending on the strength of the overall scenario. In some cases, working with an experienced licensed general contractor or builder can help strengthen the project.
Potentially. Relevant renovation and real estate investment experience may be considered as part of the overall borrower profile. Our team will review your experience, contractor relationships, project scope, credit, liquidity, and other factors when evaluating the scenario.
Our Ground-Up Construction Program is primarily designed for qualifying residential projects in urban and suburban markets. Contact our team to confirm whether a specific location is eligible.
Construction draws are reimbursement-based and tied to completed project progress. Borrowers submit documentation and progress through the draw process for review by our team.
Our in-house draw team is focused on reviewing requests quickly so approved funds can be released efficiently and your project can continue moving forward.
Yes. We work with brokers and referral partners nationwide and provide dedicated support throughout the financing process. Brokers can register with Park Place Finance to begin submitting scenarios.
Financing for investors acquiring and improving residential investment properties.
Short-term financing for acquisitions, refinances, and cash-out opportunities.
Long-term financing primarily based on the rental property’s income rather than personal income.
