A new construction loan provides financing for ground-up residential and investment property development projects. These loans help investors and developers cover land acquisition, construction costs, and other project-related expenses from start to finish.

New construction loan proceeds can be used to finance land acquisition, site preparation, labor, materials, permits, and other approved construction costs associated with a ground-up development project.

We finance a variety of ground-up construction projects, including single-family homes, multifamily properties, mixed-use developments, and select commercial projects in approved markets.

Loan amounts vary based on the project scope, market, borrower experience, and overall financing structure. Our team evaluates each project individually to determine the appropriate loan amount.

Yes. Financing is available for both land acquisition and construction costs.

Construction funds are released through a draw process as work is completed. Borrowers can request draws throughout the project, helping ensure capital is available at each stage of construction.

We strive to provide a streamlined lending process and can often close in as few as 10 business days from receipt of a complete loan package.

Yes. Barnett REI Finance provides construction financing across much of the United States. Visit our lending map to see where we currently lend.

While experience is an important consideration, we review each project individually. First-time builders may qualify depending on the strength of the project, market, and overall loan profile.

To get started, we typically review project plans, budgets, timelines, property information, and borrower experience. Our team is available to help guide you through the application process and outline any additional requirements.