Direct private lending, nationwide in most states
Call us anytime at 512-617-9400
Apply now
Now lending in El Paso

Ground-Up Construction in El Paso

El Paso, Texas prices new single-family permits on a sliding per-square-foot scale, roughly $0.82 a square foot in the 1,300 to 2,399 range, so a 2,000 square foot spec house permits for about $1,640 before the technology fee. That is roughly three times Killeen's fee, but El Paso publishes a genuine expedited review path with posted prices. The bigger variable is the lot: which MUD or water district it sits in can move the tax stack by close to a full point, and the city sits in a desert market where the utility has not received a full Rio Grande allocation in about a decade. We finance the land and the vertical build up to 70% LTV and 85% of cost, with draws sized to your schedule, subject to underwriting.

Get my rateProgram details
70%
max LTV
85%
of cost
Most states
funding
$5M
max loan

Typical figures, subject to underwriting and market conditions. Not a commitment to lend.

How it works

We finance both the land and the vertical construction, with a draw schedule built around your timeline. Experienced builders can access higher leverage on cost.

Who it's for
Spec home builders
Developers and operators
Lot purchase or teardown
Build-to-rent strategies
Typical terms
Loan amountUp to $5M
LeverageUp to 70% LTV / 85% LTC
Term12 to 24 months
DrawsPer build schedule
RateFrom 10.00%*
UseSpec or build-to-rent
Get my rate

*Typical terms, subject to underwriting and market conditions.

Run your Ground-Up Construction numbers.

Pressure-test the deal in seconds with our free construction loan calculator, no sign-up required.

Open the Construction Loan calculator

Ground-Up Construction in El Paso: local questions

Resources

Guides for Ground-Up Construction

Browse all guides
More in El Paso

Other programs in El Paso

All El Paso loan programs

Funding El Paso deals fast.

Get real terms, usually same day. No obligation, no hard credit pull to start.

Get my rateTalk to us