Ground Up Construction 

Fast, Flexible Financing For Your Next Construction Project.


Whether you're a seasoned builder, a veteran investor, or a general contractor ready to start your own investment projects, Finance your entire project from start to finish with Abide Lending. Our new construction loans keep your project moving from lot purchase to final walkthrough. We'll close your loan in as few as 15 days you can break ground sooner and stay on schedule.

From developed land to tear down, we offer vertical construction financing for single family or 2-4 residential developments. Our streamlined approval process and simplified draw process keeps things moving smoothly so you can build with confidence. Leverage our expertise and flexible loan terms to transform your real estate development plans into a reality.

If you’re building single-family homes or multi-family properties, we have the tools to help you finance your success. Our team works closely with professional builders and developers to quickly and reliably fund their projects.

Collateral

Non-Owner Occupied Single-Family
Properties; Condos; Townhomes

Term:

12 – 36 Months

Loan Amount:

$100k* – $15M
*Based on Max Loan Amount

Minimum Property Value:

$150k**
**As-Completed Value

Rates:

Starting at 9%

Minimum FICO:

650

Features

  • Loan Amount from $100,000 to $15,000,000
  • Minimum Credit Score 650
  • Up to 100% LTC
  • ARV up to 70%
  • 100% Reimbursement on Construction
  • 12 – 36 Month Loan Term - Interest Only
  • Financed full-term Interest Reserves
  • Property types:
    • Attached and detached single family residential (SFR)
    • Townhomes
    • 2-4 family residential
    • Multi-Family
    • Commercial
  • No Prepayment Penalty
  • Flexible Programs Available
  • Blanket Loans Available
  • Extensions Available
  • All credit scores accepted.
  • Corporations/LLC OK.
  • Foreign Nationals OK.
  • Same day approval.
  • Fast funding.

DRAW PROCESS

DRAW REQUEST

Borrowers can reach out to the draw team or submit a request online to kick start the draw process. An experienced member of the draw team will assist you throughout the process.

INSPECTION COMPLETED

In some cases, projects will require an onsite inspection, and we will help connect you with the right partner, you’re on your way to receiving your money fast, generally within 3 business days

APPROVAL AND AMOUNT RELEASED

After the completed inspection is reviewed and approved by the draw team, funds are wir4ed to your bank account