Ground Up Construction Projects Financing
Ground Up Construction Projects in Dallas, TX
Hard money construction loans for ground-up development projects in Dallas. Finance land, construction costs, and soft costs with one loan and flexible draws.
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About Ground Up Construction Projects Financing
Ground-up construction projects represent the highest-value and highest-complexity segment of real estate development financing. At Hard Money Lenders of Dallas, our construction lending program provides developers and builders with the capital to move from raw land through completed, market-ready buildings. We fund from $200,000 to $5,000,000, covering up to 75% of total project cost including land, construction, and soft costs, with flexible draw schedules aligned to construction milestones.
Dallas-Fort Worth's continuous population growth creates structural demand for new construction that existing housing inventory cannot satisfy. The region adds more than 100,000 net new residents annually, and housing supply consistently lags demand. This supply constraint keeps new construction absorption strong across residential product types and price tiers, from entry-level attached townhomes in Knox-Henderson and Uptown-adjacent neighborhoods to custom luxury estates in Preston Hollow and Bluffview.
The spec home market is particularly active in Dallas submarkets where corporate relocation creates predictable buyer demand. Executives arriving from Toyota's North American headquarters relocation, JPMorgan's Plano expansion, and the dozens of corporate headquarters operations in the Frisco and Las Colinas corridors arrive with substantial purchasing power and specific product expectations. Builders who know how to target this buyer profile are generating strong pre-sale activity and excellent returns.
New construction also responds to gaps in existing inventory. The M Streets, Lakewood, and East Dallas neighborhoods have aging single-family stock with dated floor plans and limited modern amenity. Teardown and new construction on infill lots in these locations produces product the market values at significant premiums to the aging existing homes — creating strong returns for builders who understand the construction economics and new construction feasibility in these established Dallas neighborhoods.
Our construction lending team understands the Dallas development environment: permitting timelines, foundation engineering requirements for expansive clay soils, builder cost structures, and submarket-specific absorption rates. That knowledge enables loan structures that reflect real project economics rather than generic assumptions.
Why choose us for ground up construction projects?
Fast Response
Get preliminary responses from participating lenders in 24-48 hours.
High Leverage
Up to 90% LTV and 100% of rehab costs available through participating lenders on qualified properties.
Quick Closings
Participating lenders close in as few as 7-10 days to help secure your investment property.
Expert Network
Experienced professionals and participating lenders who understand your property type.
Frequently Asked Questions
What experience is required to qualify for a Dallas construction loan?
We evaluate construction experience at the project team level. Developers who partner with established licensed general contractors with documented project histories can qualify even without personal construction experience. Strong underwriting elements include a credible GC relationship, detailed construction plans with engineering, a realistic budget with appropriate contingency, and a demonstrable market for the completed product.
Why do you require engineered foundation plans for Dallas construction?
Dallas sits on expansive Blackland Prairie clay soils that experience significant volumetric change between wet and dry cycles. Without an engineered foundation system — typically a post-tension slab or pier-and-beam design based on geotechnical analysis — new construction is at risk of the same foundation movement that affects thousands of older Dallas homes. We require engineering documentation to protect both the project and our collateral.
How do construction loan draws work?
Construction funds are held in a controlled disbursement account and released in draws tied to verified construction milestones. Typical residential draw schedules include foundation completion, framing completion, rough mechanical/electrical/plumbing completion, insulation and drywall, interior finishes, and final completion. We conduct or coordinate inspections at each milestone and release draws within 24-48 hours of verification.
Can the construction loan include the land purchase?
Yes. We can structure a single construction loan encompassing land acquisition and all construction costs, up to 75% of total project cost. This simplifies the financing structure and eliminates the need for a separate land bridge loan. If you already own the land, we can structure a construction-only loan against your land equity plus construction funding.
What happens when construction is complete?
At construction completion you either sell the property to repay the construction loan, or refinance to permanent financing — a DSCR loan for rentals, conventional financing for owner-occupied product, or agency financing for multifamily. We can connect you with the appropriate permanent lender based on your exit strategy, ensuring a smooth transition from our construction financing to your permanent structure.
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Bridge Loans
Short-term financing to bridge gaps between transactions with fast approvals and flexible terms.
Rental Property Loans (DSCR)
DSCR loans for rental properties using property cash flow for qualification instead of personal income.
Explore Other Property Types
Single Family Investment Properties
Hard money financing for single-family homes used as investment properties, flips, or rentals.
Duplex and Triplex Properties
Financing for 2-3 unit residential properties ideal for small multifamily investors.
Multifamily Apartment Buildings
Financing for 5+ unit apartment buildings including value-add and stabilized properties.
Ready to get started?
Apply now for ground up construction projects financing and be connected with participating lenders in as little as 24-48 hours.