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North Dakota · Ground-up construction

Ground-Up Construction Loans in North Dakota

Finance the lot and 100% of the build for North Dakota spec homes, build-to-rent and infill projects, with draws as you build, 12–24 month terms and instant pricing across our construction lenders.

LeverageUp to 90% LTC
Build budget100% in draws
Term12–24 months
Loan size$100K–$50MM
North Dakota Ground-up constructionUp to 90% LTC · 100% in draws2,000+ capital partners

Ground-Up Construction Loans in North Dakota

Win-Win Capital Funding finances ground-up construction across North Dakota, from single spec homes and build-to-rent townhomes to apartments, mixed-use and commercial projects, through our construction lenders and more than 2,000 capital partners.

North Dakota ground-up construction loans programs

ProgramLeverageTerm / notes
1–8 unit residentialUp to 85% LTC (2–4 builds) / 90% (5+), max 75% of ARV12–24 mo interest-only
Build budget100% held backReleased in inspected draws
Land you ownLand equity creditedPays off land debt
Apartments, mixed-use, commercialVaries by projectConstruction to perm options

What we finance in North Dakota

  • Spec homes and luxury single-family
  • Build-to-rent homes and townhomes
  • Infill lots, duplexes and small multifamily
  • Apartments (9+ units), mixed-use and subdivisions
  • Commercial ground-up projects
  • Refinance of land you already own

Areas we serve in North Dakota

  • Bismarck
  • Fargo
  • Grand Forks
  • Minot
  • West Fargo

We also lend in suburban, rural and resort markets throughout North Dakota.

More North Dakota financing

Fix & flip loans in North Dakota · Hard money in North Dakota · RV park financing in North Dakota · Business second mortgage in North Dakota · DSCR Loans in North Dakota · Bridge Loans in North Dakota · SBA 7(a) Loans in North Dakota

Investors in nearby states can see Ground-Up Construction Loans in Minnesota, Ground-Up Construction Loans in South Dakota, Ground-Up Construction Loans in Montana.

Terms are representative and subject to underwriting, appraisal, builder experience and state availability. Construction loans are business-purpose loans. This is not a commitment to lend.

Questions

Ground-Up Construction Loans in North Dakota: FAQ

How much can I borrow on a North Dakota construction loan?

Up to 85% of total cost (lot plus construction) with 2–4 completed builds and up to 90% with 5 or more, capped at 75% of the after-completion value. 100% of the construction budget is funded in draws.

What experience do North Dakota construction lenders want?

Typically at least 2 completed ground-up builds in the last 5 years and a 680+ credit score. First-time builders can still submit a scenario, which we place case by case.

How do construction draws work in North Dakota?

The build budget is held back at closing. As work is completed you request a draw, an inspector verifies it, and funds are released. You pay interest only on what's been drawn.

Can I refinance a finished North Dakota build into a rental loan?

Yes. Sell the finished home or refinance into a 30-year DSCR rental loan to hold it.

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