New Construction Loans
Build From the Ground Up With Confidence
Finance your ground-up projects from lot acquisition through vertical construction. Our new construction loans include in-house construction management, draw funding, and servicing—so your project stays on track from start to finish.
Calculate Your Construction Loan
Estimate your loan amount based on land cost, construction budget, and completed value.
Estimated Total Loan
How Draw Funding Works
Funds are disbursed based on construction milestones. Here's a typical draw schedule.
Foundation Complete
First draw released once foundation is poured and inspected. Includes site prep, excavation, and concrete work.
Framing Complete
Second draw after framing is up and passed inspection. Includes roof sheathing and exterior sheathing.
Mechanicals Complete
Third draw after rough-in of HVAC, electrical, and plumbing. All systems inspected and approved.
Drywall & Interior
Fourth draw after drywall, interior trim, cabinets, and flooring are installed.
Final Completion
Final draw upon completion. Includes fixtures, appliances, landscaping, and certificate of occupancy.
What We Finance
Full-cycle financing from land acquisition through construction completion.
Lot / Land Acquisition
Up to 65% of land value as initial advance. Finance your lot purchase as part of the construction loan.
Site Work & Utilities
Excavation, grading, utility connections, driveways, and all site preparation costs included.
Permits & Soft Costs
Building permits, architectural plans, engineering, and other pre-construction soft costs.
Vertical Construction
Foundation, framing, roofing, and all structural components of the build.
Mechanicals & Systems
HVAC, electrical, plumbing, and all mechanical systems installation.
Finishes & Completion
Interior finishes, fixtures, appliances, landscaping, and final touches.
Why Choose Matrix for Construction?
We're built for builders who need reliability, speed, and expert support.
In-House Management
Construction management, draw funding, and servicing all under one roof. No third-party delays.
Fast Draw Funding
Request a draw, get inspected quickly, and receive funds to keep your project moving.
No Pre-Pay Penalty
Sell or refinance upon completion with zero prepayment penalties.
Up to 95% LTC
High leverage financing so you can take on more projects with less cash out of pocket.
Program Specifications
Full details on our new construction loan program.
New Construction Loan
$100K–$3M | Min. FICO 660Our New Construction Loan is designed for builders and developers taking on ground-up projects. Finance everything from lot acquisition through vertical construction with in-house support every step of the way.
Project Types We Finance
From single-family spec homes to small multifamily developments.
Who Is This Perfect For?
Our construction loans are designed for builders at every stage.
Spec Home Builders
Building on spec in hot markets? We fund experienced builders who know their territory and can execute.
Small Developers
Developing 2-8 unit projects? Our construction loans scale to your project size with flexible terms.
Tear-Down Specialists
Buying tear-downs in established neighborhoods? Finance the acquisition and new build together.
Build-to-Rent Investors
Building to rent? We can structure construction financing that transitions to permanent DSCR loans.
Custom Home Builders
Building pre-sold custom homes? Finance the build with funds released as construction progresses.
Experienced Rehabbers
Ready to level up from rehab to new construction? One structural rehab qualifies you for our program.
Exit Strategies
Multiple options for completing your project and exiting the loan.
Sell Upon Completion
List and sell the completed property. Pay off the construction loan with sale proceeds. Most common exit for spec builders.
Refinance to Permanent
Complete construction, then refinance into a conventional or portfolio loan for long-term hold.
Transition to DSCR
Build-to-rent strategy? We can transition your construction loan directly into a long-term DSCR rental loan.
Ready to Break Ground?
Submit your project for a custom financing proposal. Our team specializes in ground-up construction.
Submit Your Project