A ground-up construction loan is a financing solution designed for developers building a property from the ground up. It can be used to fund land acquisition, horizontal improvements, vertical construction, and other project costs, depending on the structure of the deal.

At Foundation Specialty Finance, our ground-up construction loans are built to support developers through the full project lifecycle with financing structured around budget, timeline, and exit strategy.

Timing depends on the project, sponsorship, and readiness of the file, but our platform is built for efficient underwriting and execution.

With responsive communication and streamlined processes through ACHIEVE™, we help developers move quickly when timelines matter.

Approval is based on the overall strength of the transaction, including the project budget, plans, borrower experience, credit profile, liquidity, and exit strategy.

Our team reviews both the sponsor and the development plan to structure a loan that aligns with the opportunity and the execution timeline.

Experience is an important factor in ground-up construction financing, especially for more complex projects.

That said, every deal is evaluated holistically based on sponsorship strength, financial profile, project viability, and the overall execution plan.

Leverage depends on the project type, borrower profile, and business plan.

For qualifying ground-up construction deals, financing is structured to support both project costs and execution, with loan sizing based on the strength of the development and the proposed exit.

We finance qualifying ground-up residential and investment real estate projects, including builds intended for sale, refinance, or long-term hold.

Eligibility depends on the asset type, scope, market, and overall business plan.

Construction funds are typically disbursed in draws as the project progresses through key stages of completion.

At Foundation Specialty Finance, draws are managed through our ACHIEVE™ platform to help support efficient requests, visibility, and execution throughout the build.

Depending on the deal structure, yes. Ground-up construction financing may be used to support both land acquisition and vertical construction.

Our team structures capital around the full development timeline, based on the needs of the project.

Yes.

We work with U.S. and foreign national investors, as well as borrowers operating in markets outside their primary residence. Our flexible underwriting allows us to support a wide range of investor profiles.

Foundation Specialty Finance combines flexible construction lending with responsive underwriting, streamlined draws through ACHIEVE™, and 125+ years of collective expertise.

We understand the pace of development and structure capital for sponsors who need speed, clarity, and reliable execution.