Ground-Up Construction Financing

New Construction Loans for Real Estate Investors & Builders

Private construction financing for investors building new residential and investment properties, from land acquisition through vertical construction and completion.

Ground-Up ConstructionSpec HomesInvestment Properties Land + ConstructionConstruction DrawsPrivate Lending
New Construction Program

Capital from acquisition through completion

Loan SizeUp to $3M*
UseLand + Vertical Construction
Property TypeResidential Investment
FundingConstruction Draws
Speak with AFI Private Lenders561-600-0433
Up to $3MPublished Program Maximum*
Ground-UpConstruction Financing
DirectPrivate Lending
FL · CA · TXCore Lending Markets
Construction Financing

Finance the project from dirt to finished property.

AFI works with real estate investors and builders who need flexible capital for new construction projects, including land acquisition, site work, vertical construction and project completion.

Land Acquisition

Finance qualifying land purchases when the site is part of a defined construction plan.

Vertical Construction

Fund qualifying hard construction costs as the project progresses.

Construction Draws

Release funds in stages based on completed work and project milestones.

Exit Financing

Complete the project and transition into a sale, rental hold or permanent refinance.

Recent Transactions

New construction loans funded by AFI

Examples of the types of ground-up construction projects AFI Private Lenders can finance.

New construction home in West Palm Beach
Construction Loan
West Palm Beach, Florida

Ground-Up Single-Family Build

$850,000
Loan PurposeNew Construction
PropertySingle-Family
FundingConstruction Draws
New construction investment home in Orlando
Construction Loan
Orlando, Florida

Investor Spec Home

$625,000
Loan PurposeGround-Up Build
PropertySpec Home
ExitSale
New construction residential property in Jacksonville
Construction Loan
Jacksonville, Florida

Residential Construction Project

$475,000
Loan PurposeNew Construction
PropertyInvestment Home
ExitRefinance / Hold
Representative property photography and example transaction details. Replace these with exact AFI closed-loan information before presenting them as actual historical transactions. Past transactions do not guarantee future approval, pricing or terms.
What We Finance

Construction financing for investor projects

New construction loans can support a range of business-purpose residential development strategies.

Spec Homes

Build residential properties intended for sale upon completion.

Build-to-Rent

Construct qualifying rental properties intended for long-term investment ownership.

Land + Build

Finance qualifying land acquisition together with a defined construction plan.

Infill Development

Develop residential investment properties on vacant or underutilized sites.

Investor Construction

Finance ground-up projects for experienced real estate investors and builders.

Completion Financing

Consider qualifying projects that need additional capital to reach completion.

What We Review

Construction underwriting focused on the project.

AFI evaluates the land, plans, budget, borrower experience, completed value and exit strategy.

✓
Plans & ScopeConstruction plans and the proposed finished project.
✓
Construction BudgetDetailed costs for labor, materials and project completion.
✓
Completed ValueExpected value of the property once construction is finished.
✓
Builder ExperienceRelevant construction and real estate investment history.
✓
Exit StrategySale, rental hold, DSCR refinance or other permanent financing.
Example Scenario

Ground-up investor build

An investor acquires a lot and builds a new single-family investment property for resale.

Land Cost$150,000
Construction Budget$500,000
Total Project Cost$650,000
Estimated Completed Value$900,000
Exit StrategySell Upon Completion
Florida Construction Lending

New construction loans throughout Florida

AFI Private Lenders works with investors and builders throughout Florida's major real estate markets.

Construction Loan FAQ

Frequently asked questions

Common questions investors and builders ask about private construction financing.

What is a new construction loan?

A new construction loan provides financing for qualifying ground-up real estate projects, including costs associated with building a new investment property.

Can the loan include land acquisition?

Qualifying transactions may include land acquisition when the land is part of a defined and approved construction project.

How are construction funds released?

Construction funds are generally released through draws as work is completed and project milestones are verified.

What experience does AFI look for?

Relevant real estate investment and construction experience can be an important part of underwriting, along with the strength of the project and borrower equity.

What can I do with the property after completion?

Common exits include selling the completed property or refinancing it into longer-term rental or permanent financing.

Have a Project?

Need construction financing?

Send AFI the property, plans, budget and requested loan amount and we'll review the project.

Loan terms, leverage, pricing and approval are subject to underwriting, property review and borrower qualification. Business-purpose financing only. Programs may change without notice.