Ground Up Construction Financing:

80% Loan to Cost

Ground Up 

Construction Financing 

 Up to 70% of the After Completed Value.

Updated 11/1/2022


New Housing Starts have never recovered since the market crash of 2008. Now is the perfect time for in fill developers, general contractors, and real estate investors alike to take advantage of the demand for modern new housing. 

The demand in 2022 for affordable, safe, and clean new housing in key markets continues to increase even in the face of higher interest rates. Smart Builders are finding ways to continue new starts, or refinance stalled projects. NRF is here to help! 

Whether you need $100,000 for an affordable housing new build, or $3,000,000 for a High End Custom Home, NewRepublicFunding.com can accommodate your Ground Up Construction request.

Residential Ground Up Construction Financing: 

Updated 11/1/2022


80% Loan to Cost up to 75% of the After Completed Value


  • Residential 1 to 4 Units only. 
  • Close in 14 - 21 days or less. 
  • 1 Year Term with Extension Options 
  • Rates and Origination Fees are determined by your Experience, Credit, Capital Reserves, and the Location of the project. 
  • Interest Rates starting from 10.99% 
  • Origination Fees from 2% 
  • Loan Amounts from $100,000 to $3,000,000











The Process: 

Step 1. Apply and remit initial submission list documents requested. 

Step 2. Sign Letter of Interest.

Step 3. Sign Disclosures. 

Step 4. Site Inspection / Appraisal.  

Step 5. Underwriting. 

Step 6. Clear all conditions. 

Step 7. Conference Call acceptance of Terms. 

Step 8. Mortgage Documents are sent to Title. 

Step 9. Settlement Statement is circulated and closing instructions are provided. 

Step 10. Closing. 

Experience to Leverage and After Completed Value Matrix:


Number of Ground Ups Completed:Borrower's with a GC License:Borrower's with No GC License:
3 Deals in the prior 24 Months

65% of Lot Purchase Price 

100% of Improvements 

Up to 70% Loan to Cost 

Up to 70% of After Completed Value


Not Available
5 Deals in the prior 24 Months

75% of Lot Purchase

100% of Improvements

Up to 80% Loan to Cost 

Up to 70% of After Completed Value 


75% of Lot Purchase

100% of Improvements

Up to 80% Loan to Cost 

Up to 70% of After Completed Value 

10+ Deals in the prior 24 Months Call for Special Pricing!


Call for Special Pricing!