build-to-rent loan

Construction and long-term financing

under one roof

LOAN FEATURES

Construction and permanent financing

from a single lender

CoreVest’s Build-to-Rent program offers experienced developers a complete financing solution for new rental communities — providing certainty of capital from construction to stabilization, so you can focus on building, not funding.

Designed for SFR and townhome communities

Built for BTR

Up to 75% of construction cost and 65% LTV once stabilized

Flexible Leverage

Expert support for budgeting, draws, and project oversight

Dedicated Construction Team

Transition seamlessly into permanent financing once stabilized

Long-Term Financing

18- to 36-month loan terms to match your timeline

Flexible Terms

From $3M to $30M+ for projects of every size

Scalable Loan Sizes

WORKING WITH COREVEST

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Draws on your timeline, every time

Drawing funds should be the easiest part. That’s why we’ve designed a simple draw process centered around your timeline — not ours. With a dedicated construction manager and an intuitive digital portal, we keep your capital moving so you can hit your next milestone.

Meet CoreVest

Get onboarded

Once your loan closes, we’ll send a welcome email with secure credentials to our draw request site. If you’d like, you can schedule an onboarding call with your construction manager to walk through the process.

Request your funds

When a phase of work is complete, simply log in to the draw request site to submit your draw package and initiate your funding request. Be sure to include supporting documents, such as invoices, permits, and lien waivers.

Schedule an inspection

To verify the completed work, our team will coordinate a site visit with a third-party inspector. The inspector will reach out to schedule a convenient time to visit the property and compile an inspection report for CoreVest.

Collect your funds

If approved after reviewing your inspection report, we’ll wire the funds to you within 2–5 business days. To keep the process seamless, we’ll net standard servicing, inspection, and wire fees directly from the total draw amount.

WHY COREVEST

Built for Build-to-Rent Investors

Designed for experienced developers, our Build-to-Rent loan delivers construction-to-permanent financing, dedicated construction support, and certainty of capital from groundbreaking through stabilization. See how we compare to traditional construction loans.

One lender from construction to stabilization

Designed for real estate investors

Interest-only payments during construction

Fast closing timeline

Flexible entity borrowing (LLC/Corporation)

Streamlined documentation

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Traditional
Builder Loans

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RECENTLY FUNDED DEALS

build-to-rent

$20,865,000

Closed

103 Properties

Spring, TX

build-to-rent

$23,150,000

Closed

116 Properties

Red Oak, TX

build-to-rent

$10,000,000

Closed

50 Properties

Red Oak, TX

FREQUENTLY ASKED QUESTIONS

Expert answers

to your Build-to-Rent loan questions

Discover what makes CoreVest an industry leader. With over a decade of experience, we continue to raise the bar through each market cycle.

Meet Corevest

What is your turnaround time for an application?

We move quickly to help you secure your next deal. Once your application is submitted, you can typically expect a term sheet within 2 to 7 business days.

How long will it take to close my loan?

We take pride in our streamlined closing process. Typically, our built-to-rent loans close within 6 to 8 weeks due largely to the extensive 3rd party reporting required for underwriting.

Can I manage my own properties?

Yes. Whether you prefer to be hands-on or outsource to a third-party property manager, we give you the flexibility to run your portfolio your way.

What types of residential properties do you finance?

We provide financing for single-family rentals with 1–4 units, condos, townhomes, and small multifamily assets.

What states do you lend in?

CoreVest is a nationwide lender. While we don’t currently lend in Nevada, Idaho, North Dakota, or South Dakota, you can always call us to discuss how we can back your investments across the rest of the country.

Explore all FAQs

BRIDGE AND CONSTRUCTION LOANS

Discover more

bridge and construction loan solutions

Move fast on your next project with rental loans for acquisition, new construction, or renovation.

NEW CONSTRUCTION LOANS

Ground-Up Construction Loan

Fund your next build from start to finish with a one-stop financing solution, whether your plan is to sell as soon as it’s built or hold onto it for the long haul.

Up to 90% LTC

Close in as little as 15 days

12–24 month term

Explore financing

Bridge Loans

Fix and Flip Loan

Fund your next flip from purchase to renovation with dependable capital and a streamlined approval process.

Up to 80–93.5% LTC

Close in as little as 10 days

6–24 month terms

Explore financing

Bridge Loans

Line of Credit

Tap into a pool of pre-approved funding when you’re ready to acquire, build, renovate, or aggregate multiple properties.

Up to 90% of cost

Close in as little as 30 days

18–24 month terms

Explore financing

Keep your project moving
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with certainty of capital

REQUEST FINANCING

© 2026 CoreVest American Finance Lender LLC. All Rights Reserved. CoreVest American Finance Lender LLC (CoreVest) is a subsidiary of Redwood Trust, Inc. (Redwood). Neither CoreVest nor Redwood is a chartered bank or trust company, or depository institution. Neither CoreVest nor Redwood is authorized to accept deposits or trust accounts, nor licensed or regulated by any state or federal banking authority. CoreVest makes commercial, business purpose loans. Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain states. This is not a commitment to lend. All loans are subject to borrower underwriting and credit approval, in CoreVest’s sole and absolute discretion. Other restrictions apply. NMLS Number 1627183; Loans made or arranged in California are made pursuant to a California Finance Lenders license (License No. 60DBO-43692); Oregon Mortgage Lending License #ML-5655; Utah Mortgage Entity License #11128868; Arizona Commercial Mortgage Banker License #CBK-1044531; Minnesota Residential Mortgage Banker License #MN-MO-1627183. The specific facts and circumstances of each proposed loan transaction impact whether CoreVest will be authorized to make loans in each applicable state. Website SiteMap

Construction and long-term financing

under one roof

Construction and permanent financing

from a single lender

‍

Draws on your timeline, every time

Built for Build-to-Rent Investors

Expert answers

to your Build-to-Rent loan questions

Discover more

bridge and construction loan solutions

Keep your project moving‍

with certainty of capital

Keep your project moving
‍