Ground-Up Construction Loans
Development financing for experienced builders.
Atlanta-based, lending nationwide. Decisions within hours, funding within days.
Westlend provides draw-based construction financing for experienced developers building new residential and mixed-use projects. We lend on the land acquisition and hard costs, with milestone-based draws tied to completed work.
This program is designed for developers who have done it before. We're interested in your track record, your project proforma, and the exit, whether that's a sale or a refinance into permanent financing.
Program Highlights
- Prior construction or development track record required
- Residential new construction and mixed-use projects
- Includes land acquisition + hard costs
- Draw inspections tied to milestone completion
Loan Parameters
- Max LTC
- Up to 90%
- Loan Range
- $200K – $4M
- Structure
- Draw-Based
- Property Types
- Residential & Mixed-Use
- Experience
- Required
All terms subject to underwriting approval. Contact us to discuss your specific scenario.
Ground-Up Construction Loans: Common Questions
Who qualifies for a ground-up construction loan?
This program is for developers with a prior construction or development track record. Westlend looks at your experience, your project proforma, and the exit.
What does the loan cover?
Land acquisition and hard costs, up to 90% of loan-to-cost, with loan sizes from $200,000 to $4,000,000.
How do construction draws work?
Funds are released in draws tied to project milestones. Each draw follows an inspection confirming the work for that stage is complete.
What property types are eligible?
Residential new construction and mixed-use projects.
Other Loan Programs
Further Reading
Hard Money Loans in Atlanta: What Investors Need to Know
What makes the metro Atlanta market different for fix & flip and rental investors, and why working with a local, Atlanta-based lender actually matters.
The True Cost of a Hard Money Loan: Rates, Points, and Fees
Rate, points, and fees each pull cost in a different direction depending on your term. Here is how to actually compare two quotes instead of chasing the lowest headline rate.
Hard Money Loans 101: A Beginner's Guide for Real Estate Investors
What a hard money loan actually is, how it differs from a bank loan, what it costs, and how to actually get one, from a lender who has underwritten hundreds of them.
Ready to Close Your Next Deal?
Submit a loan inquiry or call Bob directly. We respond fast because deals don't wait.
Atlanta, GA · Lending Nationwide · Founded 2007