Ground-Up Construction

New construction loans for builders

Mortava funds ground-up construction for spec and custom builds with up to 85% loan-to-cost and flexible draw schedules. Whether you're building single-family spec homes or scaling a build-to-rent strategy, construction draws keep capital working as the project progresses.

Get a Live Term Sheet → Soft inquiry only — no hard credit pull.

Max leverage

Up to 85% LTC

Project types

Spec & custom builds

Draws

Flexible schedules

Term

Up to 24 months · IO

Program terms reviewed by Jay Beach, SVP Investor Portfolio Lending · July 2026

How construction financing works

You're funded against the cost to build (land + hard + soft costs), with capital released in draws as construction milestones complete. Ground-up projects are reviewed individually because the underwriting depends on plans, budget, and builder experience.

Build-to-rent and spec exits

Many investors pair construction with a DSCR refinance (build-to-rent) or a sale at completion (spec). Mortava can finance the build and the DSCR take-out, so your exit is planned from day one.

Frequently asked questions

Do you fund ground-up construction?

Yes — up to 85% LTC with flexible draws for spec and custom builds. Ground-up projects are reviewed individually.

Can I refinance a new build into a rental loan?

Yes. A build-to-rent exit refinances the completed property into a 30-year DSCR loan.

What experience do I need for a construction loan?

Builder/GC experience strengthens the file; an established general contractor can support the project where needed.

DSCR programs →Fix & Flip →Bridge loans →