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Ground Up Construction

For experienced construction developers and builders. This loan program is designed to finance the construction of single-family homes and other residential properties from the ground up. RTC can also fund the construction of vanilla commercial property types on a case-by-case basis.


Ground Up Construction Loan Program

Red Tower Capital’s Ground Up Construction loan program provides experienced developers and builders a streamlined financing solution for those who are looking to build a new property from the ground up.

Borrowers should have documentable construction and/or heavy rehab experience.


Situations that might require a Ground Up Construction Loan:
  • Perfect for seasoned construction-oriented borrowers looking to capitalize on a new project and not be bothered by the time and trouble associated with bank financing.
  • A fix & flip project that is really a heavy rehab.
  • Can use this program for property purchases and construction costs or just ground up construction.

Advantages:
  1. Terms of 12, 18, and 24 months
  2. Interest Only
  3. Eligible property types are single family homes and other residential properties. Case-by-case for vanilla commercial properties.
  4. Up to 90% of purchase price
  5. Up to 85% of loan to cost
  6. Quick underwriting and approval

Do not hesitate to reach out to discuss your loan scenario and get a quote!

OUR TEAM

Expertise You Can Trust

Since 2011, Red Tower Capital has been helping people achieve their dreams.

 

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TESTIMONIALS

What They Say About Us:

Having known Red Tower Capital for over 10 years, I can safely say, they are the most reliable private lender in the market.

Red Tower Capital solved my financing problem. They are great!  Thank you!

Red Tower has done the easy loans for our clients.  But when needed, they have also provided custom solutions to our borrower's needs.  Thanks again!

Although I also invest in stocks, real estate and gold, I keep some of my funds in Red Tower's mortgage fund to provide me consistent income.

Red Tower Capital provided multiple loans to me over the years.  They are easy to work with and very responsive.  Thank you!

We have placed a handful of loans successfully with the Red Tower team over the years.  Thank you for funding our deals!

Scott G.

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Lucy A.

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Russ M.

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Private Investor

Justin R.

Borrower

Chris M.

Mortgage Broker

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