New Construction Financing for Serious Real Estate Investors, Powered by Upright Lending
Ground up development requires clarity, precision, and a lending partner who understands the complexity of building residential assets from the foundation to the final inspection. Upright Lending’s New Construction Loans are built for real estate investors and builders who need reliable capital, expert guidance, and a team committed to keeping projects moving.
With always on technology, fast underwriting, structured draw management, competitive terms, and a dedicated team who understands your business, Upright Lending delivers the speed, support, and alignment you need to build successfully.
Clarity. Speed. Scalability.
New Construction Borrowers Include:
Upright Lending serves investors and builders developing residential properties, including:
Infill builders
Build to rent operators
Build to sell developers
Small and mid sized residential developers
Portfolio owners expanding with new ground up projects
High volume builders producing multiple homes per year
Real estate investors moving from rehab into new construction
If creating new residential inventory is part of your strategy, Upright Lending is designed to support your growth.
Program Highlights
1. Purpose Built for Residential Development
Funding supports land acquisition, vertical construction, and full project completion with structured draw schedules and clear milestones.
2. Experience Based Lending
Your construction history influences leverage, pricing, and requirements. Experienced builders receive greater flexibility and efficiency.
3. Budget Review and Feasibility Support
Our team evaluates your budget line by line for accuracy, cost integrity, and project feasibility so you begin with a clear and reliable plan.
4. Close in as Little as Seven Days
Our focus on borrower self-service along with aligned incentives and empowered teams allow Upright Lending to move faster and with fewer delays than traditional financing sources.
5. Fast Draw Funding and Inspections
Draw requests and inspections are managed inside your digital portal. Upright Lending typically funds draws within two business days after inspection approval.
6. Dedicated Team Support
Every borrower receives a dedicated Upright Lending team who understands their projects, markets, risk profile, and long term strategy.
No call centers. No hand offs. Just experts who know your deals.
7. Aligned Incentives for Better Outcomes
Our internal incentives mirror the goals of our borrowers. Your success and the performance of your project drive our success as an organization.
terms & conditions
New Construction Loan Terms
Typical range from $100,000 to $3.5M Higher amounts considered with exception review
6-24 months, interest only payments at industry-leading rates.
We evaluate borrowers based upon their experience in the past 36 months, with categories of 4-5 and 6+ impacting leverage, pricing and structure.
Determined by borrower experience, land value, construction budget, total project cost, geography, and exit strategy
- Urban infill projects
- Build to rent homes
- Build to sell homes
- Horizontal improvements when applicable
- Additions and new structures on existing parcels
- Single family homes
- Townhomes
- Small scale residential communities
- 2-4 Unit Multi-family properties.
How New Construction Loans Work
Ground up construction can be complex, but Upright Lending makes the process clear, consistent, and fast for real estate investors.
Share Your Project
Submit plans, budgets, site photos, timelines, and municipal requirements through your borrower portal. Your dedicated Upright Lending team will review the entire package with you.
Fast, Hybrid Underwriting
We evaluate land value, budget feasibility, exit pricing, experience tier, construction timeline, and local market conditions. This hybrid model blends technology, construction expertise, and real credit analysis.
Receive Clear, Digital Terms
Your term sheet lays out leverage, pricing, draw structure, inspection requirements, and closing expectations with total transparency.
Physical Closing with Fast Coordination
Upright Lending requires physical closings for accuracy and clarity, but moves quickly through the process. We routinely close construction loans in seven days or less.
Structured Draw Management
Use your borrower portal to:
- Submit draw requests
- Upload inspection photos
- Monitor remaining budget
- Communicate with your team
- Track funding timelines
Draws are typically funded within two business days.
Complete Your Project and Exit Cleanly
When construction is complete, Upright Lending supports your exit strategy whether you plan to sell, refinance into DSCR, or stabilize for rental portfolio growth or more time to sell.
Why Real Estate Investors Choose Upright Lending for New Construction
Construction Forward Underwriting
We understand ground up feasibility, construction risk, timeline challenges, and municipal requirements that impact project performance.
Aligned Incentives that Support Success
Our internal structure rewards long term project success, not short term volume. We make decisions that support healthy loans and strong borrower outcomes.
A Dedicated Team from Start to Finish
From underwriting to servicing to final inspections, you work with the same team who knows your plan, your market, and your goals. Never repeat yourself. Never chase updates. Always reach someone who knows the details.
Always On Technology
Your borrower portal gives complete visibility into budgets, inspections, draw status, communication, and document storage.
Fast Closings and Fast Draws
Speed wins deals and keeps construction moving. Upright Lending provides both with seven day closings and two day draw funding.
Support Across the Full Project Lifecycle
- Acquire land
- Build
- Stabilize
- Sell or refinance into DSCR
- Scale your development pipeline with confidence