Ground Up Construction

Ground Up Construction Loans

Frustrated by slow approvals? The problem may not be you; it is in the way your file was structured, and you may have applied to the wrong lender.

Ground-up construction and renovation financing can be complex, especially for self-employed borrowers. INDYBANC evaluates your project, income, and financials to structure your loan for approval. We place your loan with the lender whose guidelines fit your project and profile, helping you avoid delays or rejections.

IndyBanc is an Equal Opportunity Broker. We conduct business in accordance with Federal Fair Lending Laws and the Equal Credit

Opportunity Act. EIN: 81-1805114 • DUNS: 049369496 • BBB: 90185636

Call us today at 713-539-1060
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Loan amounts from $95,000 to $5,000,000
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Loan amounts from 75% to  85% of loan to cost
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Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts.
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Land purchase may be included in the construction loan, up to 75% of the lot purchase price
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Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
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Owner occupied and non-owner occupied
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Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
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Flexible draw schedules
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1 to 4 family homes and more than 4 units loans available
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12 -36 months construction term with extensions available
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Interest only payments based on funds advanced
  • Can Cover hard costs (materials, labor) and many soft costs (architect, engineering, design, legal)
  • Permanent long-term financing available post-construction
  • Proof of experience is typically required (contractor’s experience may suffice for some projects)

Ready to Structure Your Loan for Success?

If you are self-employed and looking for funding, refinancing, or better loan terms, our team is ready to guide you. Proper structuring is the difference between denial and approval.

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