Ground-Up Construction Loans
Ground-up construction loans finance new builds from land acquisition through completion. Whether you're building spec homes, custom residences, or small commercial projects, we connect you with lenders who understand construction draws and builder timelines.
Start with a quick overview of your deal.
Tell us about your project and we'll respond within 48 hours with next steps — no upfront fees, no obligation.
Why choose construction financing with Yoder Funding.
Single-close or two-close structures available
Draw schedules aligned with construction milestones
Finance land, hard costs, soft costs, and contingency
Interest-only payments during the build period
Convert to permanent financing upon completion
What lenders typically look for.
Requirements vary by program and lender. We match your deal to the right fit.
- ✓Detailed construction budget, plans, and specifications
- ✓Licensed general contractor or proven builder track record
- ✓Credit scores typically 680+ for best terms
- ✓Loan-to-cost typically 80–90% for experienced builders
- ✓Appraisal based on as-completed value
Common questions about construction loans.
What is the difference between one-close and two-close construction loans?
One-close combines construction and permanent financing in a single loan that converts at completion. Two-close uses separate construction and permanent loans, offering more flexibility but two sets of closing costs.
How are construction draws handled?
Funds are released in draws as work is completed and verified by an inspector. Typical draw schedules follow foundation, framing, mechanicals, and finish milestones.
Can I finance spec home construction?
Yes. Many lenders offer spec construction programs for builders with a track record, though terms may require pre-sales or stronger equity positions.
Ready to break ground? Submit your construction project.
Request a Loan Review