New Construction Loans
Ground-up financing released on a draw schedule as construction milestones complete, through a builder-friendly lending network.
Submit your dealHow it works
New construction financing funds a ground-up build, often from the lot through completion, with money released in draws as construction milestones are reached and inspected.
MCG structures the financing and connects builders with lending partners who understand construction timelines and draw mechanics.
On completion the project is typically sold or refinanced into long-term financing.
Who it's for
- Builders and developers funding ground-up residential projects.
- Investors doing ground-up spec construction.
- Contractors with land and approved plans ready to build.
New Construction Loans — FAQ
What does a new construction loan cover?
New construction financing covers a ground-up build, often from the lot through completion. Funds are released in draws as construction progresses rather than all at once.
How are construction funds disbursed?
Funds are typically released in a series of draws tied to completed and inspected construction milestones. The specific draw schedule is set by the lending partner for your project.
What happens when the build is finished?
On completion the project is usually sold or refinanced into long-term financing, which repays the construction loan.
Have a new construction deal?
Submit the scenario and we'll review it, structure the financing, and connect you with the lending partner that fits.
Submit your deal