CV3 Financial Launches Ground Up Construction Financing
CV3 Financial Services introduced Ground Up Construction financing, adding to its growing lineup of real estate investment financing solutions. This new offering is specifically designed to meet the needs of real estate investors focusing on non-owner occupied properties, providing comprehensive financial support from foundation to finish for 1–4-unit residential construction projects.
“As the demand for new residential development increases, we recognize the growing need for flexible and comprehensive construction financing,” said William J. Tessar, CEO of CV3. “Many of our customers are seasoned investors looking to take on new construction projects, and this loan option provides them with the financing to confidently move from concept to completion. Whether it’s for single-family homes or multi-unit residential developments, the addition of Ground Up Construction financing to our existing suite of loan products empowers investors to execute on their vision.”
The new product allows investors to secure up to 85% loan-to-cost (LTC), with flexible terms ranging from 12 to 24 months. With loan amounts available from $200,000 to $5 million, CV3’s Ground Up Construction financing offers a streamlined approval process and a simplified draw schedule, helping investors maintain momentum throughout the build.
“Launching Ground Up Construction financing is part of our ongoing commitment to meeting the evolving needs of the real estate investment community,” Tessar continued. “Real estate investors now have access to a product that not only offers competitive terms but also supports the full life cycle of their construction projects—from acquiring the land to completing the build.”
In just over a year since its launch, CV3 Financial has surpassed $1 billion in private money loans, introduced its in-house servicing division, ServEase™, and expanded its national footprint to 37 states, including the recent addition of Montana and Mississippi. The launch of its Ground Up Construction loan product marks another significant step toward fulfilling the company’s mission to become the premier capital partner for residential real estate investors nationwide.
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