New Construction Financing

Obtain financing for ground-up construction projects.

LOAN CRITERIA

Collateral: Non-Owner Occupied Single-Family Properties; Condos; Townhomes

Term: 12 to 24 Months

Loan Amount: $100k* – $2M
*Based on Max Loan Amount

LTV:
Initial Loan Amount: Up to 75% of the As-Is Value
Maximum Loan Amount: Up to 75% of the After-Repair Value
Up to 90% Total Loan-to-Cost

Minimum Property Value: $150k**
**As-Completed Value

Credit Score: 650 Minimum

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Fast Financing that Fits Your Real Estate Investments
Leverage Based on Experience⁺

New Construction Financing with One West: Fast, Flexible Funding for Your Next Project

Are you a real estate investor or developer seeking reliable new construction financing? At One West Hard Money, we specialize in providing customized funding solutions for ground-up construction projects in the St. Louis area. Whether you’re building a new construction home, multifamily units, or commercial properties, our flexible loan options are designed to help you break ground quickly and efficiently.

Why Choose One West for New Construction Financing?

At One West, we understand that new construction projects come with unique challenges, from securing land to managing construction costs. That’s why we offer construction loans that are fast, flexible, and tailored to meet your project’s specific needs. Here’s why real estate investors choose One West:

1. Fast approvals
   Get pre-approved in as little as 48 hours, allowing you to move forward with your construction project without delays.
2. Flexible loan terms
   Our construction loans come with terms ranging from 6 to 24 months, giving you the time and flexibility needed to complete your project.
3. Competitive loan amounts
   Borrow up to 70% of the projected property value or after-completion value (ARV) to cover land acquisition, materials, labor, and other construction costs.
4. Local expertise
   As experienced lenders in the St. Louis area, we have in-depth knowledge of the local real estate market, ensuring that your project is positioned for success.
5. Customizable draw schedules
   We provide draw-based construction loans, allowing you to access funds in stages as your project progresses, keeping your cash flow in check.

What Is New Construction Financing?

New construction financing refers to loans specifically designed to fund the building of new residential or commercial properties. Unlike traditional mortgages, a construction loan provides capital for land acquisition, site preparation, labor, and materials. These loans are typically structured as short-term loans that convert to permanent financing or are paid off once the project is complete.

At One West, our new construction loans are ideal for:

• Residential home builders constructing single-family homes or townhouses
• Multifamily developers building duplexes, triplexes, or apartment complexes
• Commercial real estate developers constructing office spaces, retail centers, or industrial properties
• Spec home builders looking to capitalize on high-demand markets

While many borrowers consider traditional loan options like FHA construction loans or VA construction loans, One West offers faster approvals, more flexible terms, and customized solutions that are ideal for real estate investors and developers looking to streamline their financing.

Benefits of New Construction Financing with One West

1. Quick funding to get your project started
   In the fast-paced world of real estate development, timing is everything. Our quick approval process ensures you get the funds you need to start construction right away.
2. Flexible financing solutions
   Whether you’re building a single-family home, a new construction home, or a large commercial property, our construction financing solutions are tailored to meet your specific project needs.
3. Draw schedule to control cash flow
   Our construction loans are structured with customizable draw schedules, so you receive funds as milestones are completed, helping you manage cash flow effectively.
4. No prepayment penalties
   Complete your project ahead of schedule? No problem. Our loans come with no prepayment penalties, allowing you to save on interest costs.
5. Experienced partner in real estate development
   With extensive experience in the St. Louis market, One West is more than just a lender—we’re a trusted partner in your real estate investment journey.

How Does New Construction Financing Work?

At One West, we’ve streamlined the new construction loan process to make it as simple and efficient as possible:

1. Initial consultation and pre-approval
   Submit details about your project, including blueprints, budgets, and timelines. We’ll review your application and provide pre-approval within 48 hours.
2. Loan structuring and terms
   We’ll work with you to structure the loan based on your project’s scope, determining the loan amount, draw schedule, and repayment terms.
3. Funding and draw schedule
   Once approved, funds will be disbursed according to a predetermined draw schedule, ensuring you have the capital needed at each phase of construction.
4. Project completion and loan repayment
   Upon project completion, you can repay the loan through property sales, refinancing into permanent financing, or other exit strategies.

Who Can Benefit from One West’s New Construction Loans?

Our new construction financing solutions are designed for:

• Real estate investors looking to build spec homes or multifamily units
• Builders and developers constructing residential subdivisions or commercial spaces
• Contractors needing funding for client projects
• Fix-and-flip investors expanding into new construction
• Homebuyers seeking a flexible alternative to traditional home construction loans, FHA construction loans, or VA construction loans

Whether you’re a seasoned developer or new to real estate investing, our team is here to support your success.

Frequently Asked Questions About New Construction Financing

What types of projects qualify for new construction financing?
We fund a wide range of projects, including residential homes, multifamily developments, and commercial real estate projects in the St. Louis area.

How much can I borrow?
We offer up to 70% of the after-completion value (ARV), covering land acquisition, construction materials, labor, and other project costs.

How fast can I get approved?
Our streamlined approval process allows for pre-approval in as little as 48 hours, so you can get started on your project quickly.

Do you offer construction-to-permanent loans?
Our loans are designed for the construction phase, but we can guide you through refinancing options to transition into permanent financing after the project is complete.

How do your construction loans differ from FHA construction loans or VA construction loans?
Unlike FHA or VA construction loans, which have strict eligibility requirements and longer approval times, our loans offer faster funding, flexible terms, and are ideal for investors and developers looking for quick, reliable financing.

What if my project finishes early?
There are no prepayment penalties with our loans, allowing you to save on interest costs if your project is completed ahead of schedule.

Get Started with St. Louis’ Leading New Construction Financing Experts

At One West Hard Money, we are dedicated to helping real estate investors and developers in the St. Louis area succeed in their construction projects. With fast approvals, flexible terms, and deep local expertise, we are your trusted partner in new construction financing.

Contact us today to learn more about how our construction loans can help you bring your next project to life. Call us at (314) 887-5834 or email loans@onewesthardmoney.com to get started.