New Construction Loans

Building Your Dream Property Starts Here

At Ameristar Financial, we offer flexible and competitive New Construction Loans designed to help real estate investors, developers, and individuals finance the construction of their new properties. Whether you’re building a single-family home, multi-family units, or a commercial property, our loan options give you the financial support you need to complete your project.

What is a New Construction Loan?

A New Construction Loan provides short-term financing for the construction of a property. Unlike traditional mortgages that are for completed properties, these loans are disbursed in phases as the construction progresses, ensuring that funds are available at each stage of your project.

Profits

Why Choose a New Construction Loan?

Tailored to construction projects

Funds are released in stages as your project meets key milestones (e.g., foundation, framing, finishing).

Interest-only payments during construction

Keep costs manageable by paying only interest until the project is complete and the loan converts to a standard mortgage.

Flexible loan terms

Customized to meet the timeline of your construction project.

Great for investors, developers, and individuals

Ideal whether you’re building for resale, rental, or personal use.

Why Choose a New Construction Loan?

Fast funding

Tailored to construction projects

Funds are released in stages as your project meets key milestones (e.g., foundation, framing, finishing).

Flexible loan terms

Interest-only payments during construction

Keep costs manageable by paying only interest until the project is complete and the loan converts to a standard mortgage.

Cover purchase and rehab costs

Flexible loan terms

Customized to meet the timeline of your construction project.

Credit

Great for investors, developers, and individuals

Ideal whether you’re building for resale, rental, or personal use.

How Fix and Flip Loans Work

How New Construction Loans Work

Key Benefits of New Construction Loans

  • Up to 100% of construction costs covered
  • Interest-only payment structure during the build
  • Loan amounts based on completed project value
  • Flexible term options, typically 12 to 24 months
  • Potential for loan conversion to long-term financing
  • Available for residential and commercial properties

Ideal Uses for New Construction Loans

Single-family homes
Finance the construction of a custom home for personal use or resale.

Multi-family properties
Build duplexes, apartments, or other rental units to expand your real estate portfolio.

Commercial properties
Secure financing for retail, office spaces, or mixed-use developments.

Speculative builds
For investors who plan to build and sell properties once construction is complete.

Who Can Benefit from New Construction Loans?

Real estate investors and developers
Access the capital needed to build investment properties.

Homebuilders and contractors
Secure financing for your construction projects, whether residential or commercial.

Individuals building custom homes
Finance the construction of your dream home without needing upfront cash.

Building something new is an exciting but complex process. Ameristar Financial is here to provide the financial support and guidance you need with our New Construction Loans. Reach out today to learn more about how we can help bring your project to life!

Ameristar Financial Corporation

How New Construction
Loans Work

Number1

Approval based on project plans

Lenders evaluate your construction plans, budget, and timeline to determine the loan amount.

Number2

Disbursement in phases

Funds are released in “draws” as your project reaches specific milestones, ensuring the project is progressing on schedule.

Number3

Interest-only payments during construction

You’ll only pay interest on the funds drawn until construction is complete.

Number4

Conversion to permanent financing

Once construction is finished, the loan can convert into a traditional mortgage or a long-term loan.

Key Benefits of New Construction Loans

Up to 100% of construction costs covered

Interest-only payment structure during the build

Loan amounts based on completed project value

Flexible term options, typically 12 to 24 months

Potential for loan conversion to long-term financing

Available for residential and commercial properties

Ideal Uses for New Construction Loans

Single-family homes
Finance the construction of a custom home for personal use or resale.

Multi-family properties
Build duplexes, apartments, or other rental units to expand your real estate portfolio.

Commercial properties
Secure financing for retail, office spaces, or mixed-use developments.

Speculative builds
For investors who plan to build and sell properties once construction is complete.

Financial Corporation
Real Estate

Who Can Benefit from New Construction Loans?

Real estate investors and developers

Access the capital needed to build investment properties.

Homebuilders and contractors

Secure financing for your construction projects, whether residential or commercial.

Individuals building custom homes

Finance the construction of your dream home without needing upfront cash.

Building something new is an exciting but complex process. Ameristar Financial is here to provide the financial support and guidance you need with our New Construction Loans. Reach out today to learn more about how we can help bring your project to life!