Case Study

Ground-Up Single Family Construction Loan

Loan Details

Loan Amount:  $925,000

Loan-To-Value:  57% of Future Value

Term:  12-Month

Situation & Challenge

First Capital Trust Deeds received a ground-up construction request from a builder who had an existing loan on the vacant lot and wanted 100% Loan-to-Cost (LTC) to build an already permitted 2,700 square foot single family residence on the site.

The challenge was to find a lender that would pay off the entire balance of the lot loan and 100% of the build.   

Solution & Result

First Capital Trust Deeds worked with one of our go-to funds for private money ground-up construction financing in Southern California to pay off the lot and provide 100% LTC on the build. 

The loan closed within 18 days of initial contact.

Do you have a similar financing scenario?
Inquire about your financing options with FCTD.