Investor loans · nationwide where available
Ground-up construction
Ground-up construction loans for investors and builders
Financing for spec homes, build-to-rent and infill projects. Funds are released in draws as the build moves forward, and the loan is planned around your exit: sell or rent.
Call or text (615) 949-4780 · Answered 24/7 for booking
Booked calls are with a member of the Iron Hill team. Home loans are handled by a licensed loan officer.
- Spec homes, build-to-rent and infill
- Draws tied to construction milestones
- Builder and investor experience considered
Business-purpose loans for investment property only. Not for personal, family or household use. Subject to approval. Equal Housing Opportunity.
Tell us about the build
Business-purpose loans only. No SSN or income needed here.
Projects we finance
Spec homes
Single-family homes built to sell.
Build-to-rent
Homes or small unit counts built to hold as rentals.
Infill and teardowns
New construction on an existing lot, including after a teardown.
Ground-up construction basics
How these loans usually work. Each lender sets its own guidelines.
- What it covers
- Construction costs, and on many programs the lot purchase or a refinance of a lot you own.
- Based on
- Plans, budget, the projected value when complete, and your and your builder's experience.
- Funding
- Released in draws at construction milestones, after an inspection confirms the work.
- Exit
- Sell the finished property, or refinance into a long-term DSCR loan and rent it.
- Borrower
- You, or an LLC or other entity.
Common questions
Can you finance the lot too?
Many programs can include the lot purchase, or work with a lot you already own. Tell us where it stands.
Do I need to be a licensed builder?
Not always, but lenders review the builder's experience closely. Many investors partner with an experienced general contractor.
Do you lend in every state?
Investor loans are available in many states, but not all. Rules for business-purpose lending differ from state to state, and some programs or property types aren't available everywhere. Tell us where the property is and we'll confirm early.
Can I use these loans for a home I'll live in?
No. These are business-purpose loans for non-owner-occupied investment property. For a home you'll live in, see our home loan options, offered where we're licensed.
Can I close in an LLC?
Most investor programs allow closing in an LLC or other entity. Have your entity documents ready. Many programs also require a personal guarantee.
Keep exploring
Bridge loans
Short-term financing for investment property.
Learn more: Bridge loansDSCR rental loans
Refinance a finished build-to-rent.
Learn more: DSCR rental loansMarkets we serve
Local pages with housing data and the loans that fit each market.
Have a deal in front of you?
Send us the property, your strategy and your timeline. We'll tell you whether it fits and what we'd need to move forward.
Call or text (615) 949-4780 · Answered 24/7 for booking
Booked calls are with a member of the Iron Hill team. Home loans are handled by a licensed loan officer.