TALK TO A LENDING EXPERT: (844) 223-7496
REQUEST FINANCING
Ground-up construction loan

Construction financing,

simplified

REQUEST FINANCING
LOAN FEATURES

From breaking ground to

long-term success

CoreVest’s Ground-Up Construction program offers builders and developers a one-stop financing solution for their next new construction project. Whether you’re selling or holding, we provide certainty of funding from construction through stabilization, so you can do what you do best: focus on building.

1-4 unit SFRs, condo, and townhome projects
Eligible Property Types
Up to 90% of total project cost
Powerful Leverage
12 to 24-month terms available with interest reserves
Tailored Terms
$250k - $7.5M, ideal for single property or multi-collateral developments
Adaptive Loan Size
Interest reserve financed for the life of the loan
Built-In Reserve
No prepayment penalty and interest-only options
Other Features
WORKING WITH COREVEST

‍

Draws on your timeline, every time

Getting funding should be the easiest part of your fix and flip project. 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 Real Estate Investors

Designed specifically for investors, our ground-up construction loan delivers faster closings, flexible underwriting, and a streamlined financing experience compared to traditional builder loans.

Approval based on project viability & qualifications
Designed for real estate investors
Interest-only payments during construction
Fast closing timeline
Flexible entity borrowing (LLC/Corporation/LP)
Streamlined documentation
Multiple draws for construction costs
✓
✓
✓
✓
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Traditional
Builder Loans
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X
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RECENTLY FUNDED DEALS
ground-up construction
$1,218,000
Closed
1 Property
Gulfport, FL
ground-up construction
$1,218,000
Closed
1 Property
Gulfport, FL
ground-up construction
$2,519,370
Closed
9 Properties
Houston, TX
ground-up construction
$1,666,000
Closed
1 Property
Houston, TX
FREQUENTLY ASKED QUESTIONS

Expert answers

to your rental ground-up construction 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 bridge loans, including Ground-Up Construction loans close within 2 to 4 weeks.
Can I manage my own properties?
We provide financing for single-family rentals with 1–4 units, condos, townhomes, and small multifamily assets.
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.
Are your interest rates fixed or floating?
As a cycle-tested lender, we offer fixed interest rates across our entire suite of loans, as well as floating or variable rates for our rental and term loans. Whether you prefer long-term predictability or short-term flexibility, we can structure our loans for your capital needs.
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
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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
Build-to-Rent Loan
Finance your entire rental community project with one loan that covers the initial build and seamlessly rolls into long-term funding once your properties are stabilized.
Up to 75% LTC during construction
Up to 65% LTV once stabilized
Close in as little as 30 days
18–36 month term
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

From groundbreaking to stabilization,
‍

we're with you every step of the way

REQUEST FINANCING
Talk to a
lending expert
844-223-7496
RENTAL LOANS
Rental Portfolio Loan30-Year DSCR Loan30-Year DSCR Portfolio LoanShort-Term Rental Loan
BRIDGE LOANS
Fix and Flip LoanLine of CreditNo-Ratio Bridge Loan
new construction loans
Ground-Up Construction LoanBuild-to-Rent Loan
Multifamily loans
Multifamily Bridge LoanMultifamily Term Loan
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PRIVACY NOTESyour california privacy choicesterms of service
© 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