Funding

Construction Loans

Ground-up and renovation financing for builders and developers.

Loan Range

$100K – $10M

Terms

6 – 24 months (build phase)

LTC / LTV

Up to 85% LTC / 70% LTV

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What it is

Understanding Construction Loans

Construction loans finance the vertical build of new residential or commercial properties, as well as major renovations. Funds are released through scheduled draws as each phase of construction is completed and inspected. Emison Capital structures both single-close construction-to-perm and interest-only build-only loans.

How it works

A clear, five-step path to funding

1
Submit the project — land, plans, budget, builder, and timeline.
2
Underwriting reviews plans, comps, and the builder's track record.
3
Loan closes and funds are placed into a controlled draw account.
4
Draws are disbursed after each construction milestone is inspected.
5
At completion, the loan is paid off from sale proceeds or converted to a permanent mortgage.

Basic requirements

What you need to qualify

These are typical baseline criteria. Every file is unique — our specialists work with you to strengthen your application before submission.

FICO score of 680+ for the borrower/guarantor.
Experienced, licensed general contractor with references.
Detailed construction budget, schedule, and stamped plans.
Equity or down payment of 15–25% of total project cost.
Interest reserves and/or documented liquidity to carry the project.
Clear land title and a satisfactory as-completed appraisal.

Ideal for

Common use cases

Ground-up single-family homes and spec builds

Multifamily and small commercial development

Major gut-renovations and additions

Fix-and-flip projects (rehab loans)

Owner-builder custom homes

Ready to move forward?

Our specialists will review your profile in confidence and shape the strongest possible application on your behalf.

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