(201) 749-1691
National Direct Lender

Ground-Up Construction Loans for Builders from 8.875%

Close in as fast as 21 days. Draws in 48 hours. Built for builders who move fast.

100%
Max LTC
75%
Max LTARV
$5M
Per Loan
21 Days
To Close
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Why Builders Choose Ledger

  • Close in 21 Days We underwrite fast because we fund our own loans. No waiting on committees.
  • 48-Hour Draw Turnaround Fast, predictable draws through our Asset Management portal. No surprises.
  • Up to 100% of Construction Costs Day-one lot leverage plus full construction escrow based on your budget.
  • No Junk Fees Transparent pricing. No hidden costs at closing. Non-recourse available.
  • Repeat Builder Programs Scaling your pipeline? We offer streamlined processing for repeat borrowers.

Get Your Custom Rate

We respond within one business day.

No obligation. No credit pull. Just a conversation.

Recent Closings

Funded Coast to Coast

$15.5M
Portfolio / Multi-Loan
Aspen, CO
$4.1M
Luxury Spec Build
Charleston, SC
$2.6M
Luxury Spec Build
Charleston, SC
$2.4M
Townhome Portfolio
Cincinnati, OH
$1.3M
Luxury Spec Build
Charleston, SC
$1M
Build to Rent
Louisville, KY
$863K
Spec Build
Raleigh, NC
$742K
Spec Build
Charlotte, NC

Program Details

Loan Parameters

Rates From
8.875%
Max LTC
Up to 100%
Max LTARV
Up to 75%
Loan Range
$150K – $5M
Multi-loan up to $10M+
Term
15 – 18 Months
Extension options available
Recourse
Non-Recourse
Available for qualified borrowers

Pricing Tool

Estimate Your Rate in 60 Seconds

Use our free calculator to see your estimated rate, loan amount, and costs — no login required.

Ground-Up Spec
$350K lot · $450K budget
720 FICO · 10+ deals
Rate: 9.250% · Loan: ~$600K
Fix & Flip
$250K purchase · $80K rehab
740 FICO · 5 deals
Rate: 9.750% · Loan: ~$295K
Bridge
$500K property
750 FICO · 10+ deals
Rate: 9.250% · Loan: ~$425K
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Common Questions

Frequently Asked

As fast as 21 days from completed application. We self-fund, so there's no waiting on third-party approvals or committee decisions. Repeat borrowers with clean files often close even faster.
We underwrite the project and the builder. While experience matters, we evaluate the full picture: your track record, the project plan, and the market. First-time ground-up borrowers with strong plans are considered.
Submit draw requests through our online Asset Management portal. We process draws in as fast as 48 hours. The schedule is set at closing based on your construction budget, so there are no surprises mid-project.
Minimum 680 FICO for most construction programs. Stronger credit scores unlock better rates and higher leverage. We look at the complete borrower profile, not just one number.
Yes. Ledger Trade & Capital is a national builder construction loan lender. We fund home builder loans across the country for single-family, townhome, and multi-unit residential projects.
Yes. Non-recourse is available for qualified borrowers with strong experience and project fundamentals. Discuss eligibility with our team when you submit your project details.
Rates depend on borrower experience, credit score, leverage, and project type. Experienced builders with strong credit and lower leverage typically receive the best pricing. Try our construction loan calculator to estimate your rate.

Ready to Break Ground?

Get a custom builder loan rate quote for your next construction project. No obligation, no credit pull.

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