First Choice Private Capital
Direct Private Capital for Investors, Builders, & Developers
Private capital for builders, developers, and larger project scopes.
Construction financing is designed for non-owner occupied investment projects, including ground-up construction, additions, expansions, ADUs, condo conversions, and mid-construction refinance scenarios.
Financing for construction and expansion scenarios.
Construction loans are reviewed based on project complexity, borrower experience, market, property condition, permits, plans, budget, and exit strategy.
Ground-Up Construction
Financing for new construction projects where the borrower is building from the ground up.
Additions & Expansions
Capital for projects adding square footage, expanding existing structures, or materially changing the property.
ADU Projects
Financing for accessory dwelling unit projects, subject to project scope, permits, and underwriting review.
Condo Conversions
Construction-related financing for qualified conversion projects with plans, permits, and valuation support.
Built around project viability and borrower execution.
Borrower Experience
Experience tier, past construction or investment projects, GC involvement, and execution history are reviewed.
Plans & Permits
Plans, permits, architect letters, or engineer documentation may be required depending on the project scope.
Budget & Holdback
Construction budget, scope of work, draw structure, and holdback amount are reviewed before funding.
Exit Strategy
Sale, refinance, ROI, DSCR, market support, and overall deal economics are considered.
Core construction financing guidelines.
Review options for projects already underway.
Mid-construction refinances are reviewed carefully because they often involve existing payoffs, partial completion, updated budgets, and extended timelines.
Simple construction review and funding process.
Submit Scenario
Provide the project type, property details, purchase price, construction budget, estimated ARV, and borrower background.
Review Scope
Experience, FICO, scope of work, budget, market, permits, plans, and exit strategy are reviewed.
Documents
Plans, permits, architect letters, GC agreements, entity documents, SOW, and supporting files may be requested.
Close & Fund
Once approved, the loan moves toward closing, funding, and draw administration.
