May we use cookies to track your activities? We take your privacy very seriously.
May we use cookies to track your activities? We take your privacy very seriously.
Brickline helps real estate investors in Illinois finance eligible ground-up residential investment projects using New Construction Loans designed for building new properties from the ground up.
Investors may use this financing for land acquisition, funding construction costs, and managing project timelines before the eventual sale or refinance of the completed property.
Illinois Financing
New Construction Loans are specifically structured for investors undertaking ground-up residential development, providing capital for the entire build process from land acquisition to project completion.
For investors, successful new construction depends on a solid construction plan, a realistic project budget, and a clear understanding of the build timeline and intended exit strategy.
Brickline reviews the financing request based on the property, the borrower’s experience, the construction plan, and the investment strategy to support qualified new construction projects.
Loan Programs
Different investment strategies may require different loan structures. Brickline offers financing across several common real estate investor scenarios.
Financing for eligible property purchases and renovation projects with a resale or refinance strategy.
LTC: 90% of purchase + 100% of Rehab
Longer-term rental financing where property cash flow plays a central role in qualification.
LTV: 90% of purchase + 100% of Rehab
Short-term financing for eligible acquisitions, refinances, and transitional investment properties.
LTV: 90% of purchase + 100% of Rehab
Flexible, short-term financing for time-sensitive acquisitions, rehabs, or transitional investment properties.
LTV: 90% of purchase + 100% of Rehab
Common Uses
Finance the purchase of suitable land and the subsequent ground-up construction of a new residential investment property.
Secure capital for all phases of construction, from foundation to finishes, for eligible new builds.
Obtain financing to finish an existing new construction project that requires additional capital to reach completion.
Develop a new property with the intention of selling it upon completion or refinancing into a long-term rental loan.
Illinois Projects Markets
For new construction projects in Illinois, the financing structure is primarily driven by the specific land, the detailed construction plan, the overall project budget, and the anticipated timeline for completion and exit.
Online Process
Start with the property and financing request, provide the required information as the file progresses, and keep a clearer view of what is needed at each stage.
deal is moving forward. The result is a process that feels cleaner, more transparent, and easier to move through from first quote to closing.
Share the property, financing request, and investment strategy.
Provide the information and documentation needed for review.
See outstanding steps and respond as the financing request progresses.
Get investor-focused support
How It Works
Provide the property, financing need, and investment plan.
Brickline reviews the request against the relevant program.
Review the proposed financing structure and next requirements.
Provide the documentation and information required to move the file forward.
Once approved and ready, complete the remaining steps toward closing and funding.
Learn how New Construction Loans work, where they may fit, what Brickline reviews, and what investors should consider before moving forward with a new build project.
New Construction Loans in Illinois are business-purpose financing solutions for real estate investors looking to build new residential investment properties from the ground up. They cover costs associated with land acquisition and the entire construction process.
These loans are ideal for ground-up residential development projects, including single-family homes, duplexes, or small multi-unit properties intended for sale or long-term rental upon completion.
Brickline evaluates the land, the detailed construction plan, the project budget, the proposed build timeline, the borrower’s experience, and the intended exit strategy (sale or refinance) for the completed property.
Yes, New Construction Loans can be structured to include the acquisition of the land or site where the new residential investment property will be built, alongside the construction costs.
Funds for new construction projects are typically disbursed through a draw schedule. As construction milestones are met and verified, portions of the loan are released to cover ongoing costs.
The timeline for a new construction loan involves initial application and review, underwriting based on the project plan, and then a draw schedule throughout the build. The overall process is aligned with the project’s construction timeline.
Common exit strategies include selling the newly constructed property upon completion or refinancing it into a longer-term loan, such as a DSCR rental loan, if the investor plans to hold it as a rental property.
Why Brickline
Brickline focuses on business-purpose real estate financing rather than consumer homebuyer mortgages.
The property, financing structure, and investment strategy stay central to the process.
Digital-first process
Clear next steps
Investor Resources
Explore Brickline guides, calculators, and resources covering loan structures, deal metrics, qualification, and common investor financing questions.
deal moves forward.
Tell Brickline about the property, financing need, and investment plan.
Start online to explore the next step for your financing request.
