First-lien collateral
Business-purpose loans secured by U.S. residential real estate.
From site to completed residence
Ground-Up Construction Loans
Business-purpose financing for new residential construction from land through completion, with progress-based draws tied to verified project milestones.
Indicative term
12–24 months
Leverage guideline
Up to 85% LTC / 70% LTV-ARV
Primary use
Land-to-completion residential construction
Structure
Progress-based construction draws
01 / 05
Built for the construction stage.
Ground-up construction financing supports new residential development from land and early-stage work through completed vertical construction.
MRC applies a business-purpose first-lien real estate lending framework while matching term and leverage guidelines to the collateral and project stage.
Third-party diligence
Appraisal, title, document, borrower background and OFAC review.
Transaction controls
Product-specific leverage and, where applicable, verified construction-draw controls.
Business-purpose financing fit
Financing for residential builders and developers
Ground-up construction financing is designed around an identifiable residential development project, from land and site preparation through vertical construction. For a business-purpose proposal, it helps to show how the project progresses, what capital each stage needs and how the loan will ultimately be repaid.
Key considerations for this loan strategy
- Identify the land or site, current status, proposed residential construction and anticipated development schedule.
- Outline the construction budget and the work expected at each draw or inspection milestone.
- Explain the proposed sale, refinancing or other planned repayment event.
- Review the indicative 12–24 month term and leverage guidelines against the actual project.
These are discussion points, not a complete document checklist or eligibility determination. Learn more in the business-purpose real estate loans guide, or review MRC's underwriting framework.
Underwriting lens
Structure follows the project.
The published term and leverage figures are underwriting guidelines—not automatic approvals or standardized commitments.
Each financing opportunity is evaluated against its collateral, documentation, borrower diligence, project scope and applicable legal and compliance requirements.
Have a real opportunity that fits this strategy? Debbie can guide you through the details and submit it directly to MRC for review.
