Airus Lending | NMLS #2187418 | Mortgage Broker | Equal Housing Opportunity
Construction

Ground-Up Construction Loans

Finance new commercial construction — multifamily, retail, office, industrial, and mixed-use development.

Overview

Ground-up commercial construction loans fund the development of new commercial properties from the ground up. These are complex loans requiring detailed project plans, budgets, and timelines. Interest-only payments during construction convert to permanent financing upon completion. Available for a range of property types.

Who Is This For?

  • Developers building new apartment communities
  • Business owners constructing purpose-built facilities
  • Investors developing new retail, office, or industrial properties
  • Mixed-use developers

The Buying Process

What to expect from pre-approval to closing.

1

Plans & Budget

Finalize architectural plans, construction budget, and development timeline.

2

Secure Financing

We source construction capital from banks, private lenders, or SBA.

3

Build Phase

Interest-only during construction with draw-based funding.

4

Stabilize & Convert

Complete construction, lease up, and convert to permanent financing.

Frequently Asked Questions

Loan-to-cost (LTC) typically ranges from 65–80% for commercial construction. The borrower contributes 20–35% of total project cost as equity.

Ready to Buy?

Get pre-approved and start your home buying journey with confidence.

All loans are subject to borrower qualification, underwriting approval, and program guidelines.