Ground-Up Construction Built for Real Estate Investors
Qualify with rental income. No tax returns. No income ratio.
LTC
90%
RATE
8.5%
CLOSING
21 to 30 Days
TERMS
12-24 Months
$200K - $2M
LOAN AMOUNTS
Apply Now
What Is A Ground-Up Construction Loan?
A Ground-Up Construction Loan is a short-term financing solution designed for investors and builders developing residential properties from the ground up.
It provides capital for land (if applicable) and construction costs — structured around your build timeline and exit strategy.
If the project is well planned and the numbers align, you can secure funding efficiently. This makes Ground-Up financing ideal for:
- Spec home builders
- Experienced real estate developers
- Investors building single-family or small multifamily projects
- Infill development projects
- Build-to-sell or build-to-rent strategies
Built for Builders
Structured Draw Process
Funds are released in construction draws aligned with project milestones.
LTC & ARV-Based Lending
Financing structured around Loan-to-Cost (LTC) and projected After Repair Value (ARV).
Flexible Exit Options
Sell upon completion or refinance into long-term rental financing.
Are We a Good Fit?
Our Ground-Up Construction loans are structured to be straightforward and investor-friendly.
Minimum Credit Score
680
Reserves
6 Months
Property Types
SFR, Condo, Townhome, 1–4 UnitsSeasoning
6 Months On Refinance
Prepayment Penalty
None
Down Payment
10% minimum
Experience
3+ Completed PropertiesOccupancy
Non-Owner-Occupied
Loan Amount
$200K minimum
Up to $20M maximum
Appraisal
RequiredHow It
Works
Submit Property & Scenario
Provide basic details on the subject property and projected rental income.
Receive Terms
We structure your loan based on DSCR performance and credit profile.
Close & Fund
Appraisal completed. Loan documents signed. Capital deployed.
Why Investors Choose
Asteris Lending
This is financing built for operators, not hobbyists.
- First-time investor friendly
- Qualify using rental income
- No personal income verification
- Competitive 5.5% starting rates*
- Up to 80% LTV
- Loan amounts up to $5M
- Interest-only options available
- Blanket loans available
- Reliable 10–21 day closing timeline
Product Type
Ground-Up Construction
Experience Required:
3+ Completed Properties
Minimum Credit Score:
680
Liquidity:
10% Down
Reserves:
6 Months
Prepayment Penalty:
None
Closing Timeline:
21 to 30 Days
Draw Schedule:
24–48 Hours
Rate:
8.5%
Loan-to-Value LTV:
N/A
Loan-to-Cost (LTC):
0.9
Loan Term:
12–24 Months Interest Only
Asset Types:
SFR, Condo, Townhome, 1–4 Units
Loan Amount Min:
$200k
Loan Amount Max:
$2M
Product Specifics:
Non-Owner-Occupied, Up To 100% Construction Costs
Number of Units:
1 to 4 Units
States We
Lend In
Looking for lending in a state not listed? We do lend in other states on a case-by-case scenario.
Give us a call to see what we can do for you.
Give us a call to see what we can do for you.
Frequently Asked Questions
Can I qualify as a first-time investor?
Yes. Prior rental experience is not required.
Do I need to provide tax returns?
No. Qualification is based on the property’s rental income.
Can I refinance an existing rental?
Yes. A 6-month seasoning requirement applies.
Are short-term rentals eligible?
Eligibility depends on documentation and property profile.
Is there a prepayment penalty?
Optional structures are available.
Grow Your Rental Portfolio
with Asteris Lending
Access up to 80% LTV with competitive rates and investor-driven underwriting.
Submit your DSCR scenario today and receive terms tailored to your property.