Construction loan

Construction Loans

Ground-up construction and major renovation financing for commercial, multifamily, hospitality, and mixed-use developments. Interest-only during construction.

See my options How it works

Best for

  • Ground-up commercial development
  • Multifamily and mixed-use construction
  • Hotel construction and major PIP
  • Substantial rehab / value-add reposition

What you'll need to qualify

  • 20–35% sponsor equity contribution
  • Sponsor with comparable build experience
  • GC with bonded capacity and matching scope
  • Pre-leasing or take-out commitment for stabilization

How it works

  1. 1

    Provide site plans, GMP/budget, sponsor experience, and exit strategy (mini-perm, take-out, or sale).

  2. 2

    We arrange senior construction debt — bank, debt fund, or HUD/agency depending on asset and sponsor.

  3. 3

    Funds disburse in monthly draws against verified construction progress and lender inspections.

The trade-offs

Pros

  • • Interest-only during the build
  • • Bridge to permanent financing after stabilization
  • • Larger leverage with HUD/agency for multifamily

Trade-offs

  • • Lender inspections at every draw
  • • Interest reserves and contingency required
  • • Cost overruns are sponsor responsibility

Not ready to apply?

Ask us about Construction Loans

Tell us roughly what you need and a Caplli advisor will come back with real lender appetite — no application, no credit pull.

No credit check to enquire · we never sell your details
A $500 credit review & due diligence fee applies once you formally apply — refunded if we can't get you terms.

See what you qualify for

Compare Construction loan offers from 75+ lenders. No credit hit, no obligation.

Start my application
Questions

Construction loan — common questions

What loan amounts does Construction loan financing cover?

$1M – $100M+. 20–35% sponsor equity contribution

How fast can a Construction loan close?

45 – 90 days. Funds disburse in monthly draws against verified construction progress and lender inspections.

What rate should I expect?

Competitive market rates for well-qualified borrowers, on terms of 12 – 36 months (interest-only). Actual pricing depends on leverage, sponsor experience, asset quality and where the debt markets are — the rate on your term sheet is the one that counts.

What do I need to qualify?

20–35% sponsor equity contribution. Sponsor with comparable build experience. GC with bonded capacity and matching scope. Pre-leasing or take-out commitment for stabilization.

What should I watch out for?

Lender inspections at every draw. Interest reserves and contingency required. Cost overruns are sponsor responsibility. We'll tell you which of these actually bite on your deal rather than leaving you to find out at underwriting.

Ready when you are

Ready to price a Construction loan?

Submit the deal and we'll bring you competing terms from lenders with active appetite — or talk it through with an advisor first.

Start your application → Schedule a call

Free quote, no credit check.