New Construction Loans

At Sachem Lending, we are here to help you with your New Construction project. Whether it is for a home, large real estate property, or a commercial business, we’re here to get you funded within days so you can close the transaction and start your project. After close we will be there every step of the way to provide construction financing while maintaining efficiency so you can get your project completed on time.
new homes being built
new building under construction

What is a New Construction Loan?

A new construction loan is short-term loan used to finance ground-up development including the soft costs, site work, and structure development. Unlike conventional financing, these funds can be provided quickly so there are no delays in the overall project. The funding can cover up to 90 percent of total costs, most of which is applied toward the construction and not the purchase of the actual property.

Benefits of Using Sachem Lending for your New Construction Loan

At Sachem Lending we’re dedicated to providing the support and services needed to get new construction projects up and running. Our innovative financing solutions help you to quickly close without any out-of-pocket upfront fees. Fill out our loan application or call to speak to our team today!
new building under construction
new building under construction with foreman looking on

How Do I Qualify for a New Construction Loan?

Applying and qualifying for a new construction with Sachem Lending is easy! To apply today, just hover over the “Contact Us” tab on the menu bar above. From there visit one of our three forms including a quick-and-easy “email us” form as well as a more detailed loan application form. If you want quick answers about new construction loans to see if you qualify, give us a call today!

Offering rates as low as 6.99% for qualified borrowers