New Construction Loans Designed for Your Next Project

Our New Construction loans give builders and developers access to the capital they need to acquire land to build investment properties. With competitive LTVs, flexible draw schedules, and in-house construction management, Truly helps you stay on schedule and on budget. Whether you’re a seasoned builder or new to the game, our process is built for clarity, speed, and support at every stage.

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Term

12-24 months

As Repaired / Improved LTV

Up to 75%

LTC

Up to 95% of cost

Loan Amounts

  • $150,000 – $3.5M (Most programs)
  • Up to $2M foreign national
  • Higher limits eligible case-by-case

Property Types

  • Single Family
  • Condo / PUD
  • 2–4 Unit Properties
  • Townhomes

Purpose

  • Ground-up construction financing on build-ready lots
  • Funding available for purchase + construction

Programs

New Construction Loans

Ideal for builders and investors creating new residential investment properties.

  • FICO: Based on sponsor strength
  • Loan Purpose: Build-to-Rent or Build-to-Sell investment projects
  • Interest Only: Allowed during construction
  • Reserves: Typically required; varies by loan size
  • Property Types: SFR, condo, townhome, 2–4 units
  • Seasoning: Required per guidelines
  • No Owner-Occupied Properties
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Ready to Start Your Project?

We’ll help you run the numbers.

Talk to a Loan Specialist