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A Ground-Up Construction Lender for Serious Investors

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Algent offers short-term construction loans for businesses, builders, developers, and real estate investors ready to secure capital for new opportunities. If your goal is to retain the property after the project is complete, Algent also offers a seamless transition into longer-term financing.

Whether you’re building a mixed-use space on vacant land or looking to tackle a full tear-down and rebuild, Algent is prepared to serve as your ground-up construction lender.

Borrowers can expect:

  • A fast loan process to secure time-sensitive real estate transactions
  • An efficient, streamlined construction draw process
  • Ongoing support through final payout and project completion

Flexible Terms and Competitive Interest Rates

Algent offers a variety of advantages for our new construction loan borrowers: 

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Single Family property investors with 1-4 units 

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Loan amounts up to $2.5 million

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12-month terms

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Fixed rate balloon notes: Interest-only

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Options for purchase and rate & term

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Close in as fast as 8 days

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Requirements for New Construction Loans

  • Minimum 660 FICO 
  • Maximum of two 30-day past due payments in the last 24 months 
  • No short sales, deed in lieu agreements, foreclosures, bankruptcy discharges or dismissals within the past 36 months  
  • Property cannot be owner occupied; investment properties only 
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Start Your Pre-Approval

As your new construction lender, we can help you build the future of your business. Now is the time to take your first steps with Algent.