A "Ground Up Construction" loan program is designed to provide a streamlined financing solution to build single family, multi-family, and mixed use projects which are entitled or shovel ready. A Ground Up Construction loan is a great fit in the following situations:

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(1) For an experienced builder or developer who is looking to capitalize on a new project without waiting on bank financing.

(2) A contractor who owns entitled or shovel ready land but needs the financing to get the project started.

(3) A fix & flip project that has extensive rehab requiring vertical additions or significant horizontal additions to the property

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At EBSC Lending, our Ground Up Construction loans close very quickly... in as little as 25 days at rates starting at 10.75%. Our construction loans require very little documentation instead the underwriting is primarily based on the risk of the project itself! Our Ground Up Construction loans are a great way to acquire property to build a single family spec home or multi-family development. Our ground up construction program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner.