Smart Lending for Big Projects
Built for investors and builders.
With solutions for both new construction and multi-unit properties, these loans offer the flexibility, scale, and support you need to grow your portfolio.
High-Unit Property Financing
Loans available for up to 15-unit residential or mixed-use properties.
Construction-to-Perm Options
Finance land, build, and transition to a mortgage—all in one loan.
Flexible Terms
Customize loan terms based on project size and timeline.
Investor and Developer Friendly
Designed for property investors and professional builders.
Eligibility Requirements
To qualify for a Construction-to-Perm loan, borrowers typically need:
A qualified builder with approved plans and specs
A minimum credit score of 680
A down payment of 20% is based on loan amount, however appraised value of the land (assuming it’s owned by our client) may be used towards this ratio
Stable income and verifiable assets
A reasonable loan-to-value (LTV) ratio and appraisal of completed property
Loan Structure
Construction phase: Interest-only payments during the build period (usually 12-18 months)
Permanent phase: Converts to a fixed-rate or ARM mortgage
Financing includes both land acquisition (if applicable) and construction costs
Available for primary residences, second homes, and some investment properties
Advantages of Construction-to-Perm Loans
Credit underwriting to several different programs
Streamlined approval process and documentation
Transparent budgeting from start to finish
Builder and Project Requirements
Licensed, insured, and approved general contractor
Full set of architectural plans and specifications
Detailed budget, timeline, and construction agreement
Draw schedule with milestone inspections
Construction Loan Mortgage Insurance Requirements
Understanding mortgage insurance for construction loans is essential. Here are the key points:
When Mortgage Insurance is Required
Down payment is under 20% of total construction cost.
For certain government-backed loans like FHA or USDA loans.
How Mortgage Insurance is Calculated
Based on loan amount and loan-to-value (LTV) ratio.
Can be a monthly premium or a one-time upfront fee.
Duration of Mortgage Insurance
PMI can be canceled once 20% equity is reached.
FHA insurance usually lasts for the loan's life unless refinanced.
Eligible Property Types
Stick-built custom homes
Modular homes on permanent foundations
New builds on owned or purchased land
Tear-downs and rebuilds (case-by-case)
Construction Loans
Testimonials
Clayton
New Braunfels
Tory understood my multifamily investment goals from day one. A true expert.
Sophie
Pearland
We financed a 10-unit build and Tory guided us like a partner. Amazing service.
Ty
Georgetown
Tory helped me go from land purchase to final build without a hitch.
Janelle
Flower Mound
Every builder needs a Tory. His construction loan advice saved us time and money.
Eli
College Station
Scaling from one to many doors was way easier with Tory on my side.
How to Finance a Multi-Unit Investment Property
Everything you need to know before you invest
Understanding Construction-to-Perm Loans
Build now, finance later—with one loan
Rehab Loans for Fix-and-Flip or Renovation Projects
Turn potential into profit
How to Finance a Ground-Up Commercial Project
From raw land to new development
Investing in Multi-Family Real Estate
Scalable income through apartments and condos
Key Considerations for Commercial Property Loans
What to know before you buy or build
Mortgage Tips, Tools & Insights
Clear guidance for smart decisions.
Get expert advice on home buying, refinancing, and loan options. Our blog makes mortgage topics easy to understand so you can move forward with confidence.