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Brickline provides New Construction Loans in Providence for real estate investors focused on eligible ground-up residential investment projects. This financing is designed for situations where the land, construction plan, and project timeline are central to the investment strategy.
Investors can utilize these loans for acquiring land and funding the build, completing partially built projects, or executing a new construction strategy before a planned sale or refinance exit.
Providence Financing
New Construction Loans are specifically structured for investors undertaking ground-up residential builds. This type of financing is crucial when an investment property involves creating a new structure from the ground up, requiring a detailed construction plan and budget.
For investors, the right financing structure for new construction depends on the site’s readiness, the scope of the build, the project budget, and the intended exit strategy, whether it’s a sale or a long-term refinance.
Brickline evaluates new construction financing requests based on the project’s viability, the borrower’s experience, and the overall investment plan to support qualified deals through the build process.
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
Fast, short-term financing for investment properties that need quick acquisition or significant value-add before a sale or refinance.
LTV: 90% of purchase + 100% of Rehab
Common Uses
Finance the purchase of an eligible parcel of land and the subsequent construction of a new residential investment property.
Fund the entire construction process for a new residential build, from foundation to finish, based on an approved plan and budget.
Provide capital to finish residential construction projects that are already underway but require additional funding to reach completion.
Construct a new investment property with the clear intention of selling it upon completion or refinancing it into a long-term rental loan.
Providence Deals Markets
The success of a new construction project in Providence, or any market, hinges on a well-defined plan, a realistic budget, and a clear understanding of the build timeline. New Construction Loans are tailored to support these critical elements.
For ground-up residential builds, the financing must align with the various stages of construction, including land acquisition, permitting, and the draw schedule. This ensures capital is available when needed to keep the project on track towards its sale or refinance 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 ground-up build.
New Construction Loans are business-purpose financing for real estate investors to fund the ground-up construction of residential investment properties. They cover costs associated with land acquisition and the entire building process.
These loans are typically used for eligible ground-up residential investment projects, including single-family homes, duplexes, or small multi-unit properties intended for sale or rental upon completion.
New Construction Loans typically involve a draw schedule, where funds are disbursed in stages as construction milestones are met and verified. This ensures capital is released as work progresses.
Brickline reviews the overall project viability, including the construction plan, budget, timeline, the investor’s experience, and the projected completed value and exit strategy for the property.
Yes, New Construction Loans can often be structured to finance both the acquisition of eligible land and the subsequent costs of building the residential investment property, streamlining the financing process.
The timeline for New Construction Loans varies based on the project’s complexity and the construction schedule. The financing is designed to align with the build timeline, from initial funding to project completion.
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.
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.
