Ground Up Construction

Ritter Capital makes ground up construction loans easy.

Ritter Capital's Ground Up Construction loans enable you to provide your borrowers with flexible and competitive terms on 1–4 unit homes.

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Ground Up Program

Maximum Loan-to-Cost: Up to 75% of the lower of land value or purchase price / 60% if unpermitted, plus 100% of construction.
Max 85% of total project costs.
LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing.
Maximum Loan-to-ARV: Up to 70%
Recourse: Full recourse
Reserves / Escrows: Interest Reserve: minimum 1 month
Experience: Previous real estate experience required: 1–2 ground ups.
GCs accepted if experience and permits tie to ground ups.
Guarantors with no experience permitted on a case-by-case basis.
Loan Amount: Min: $50,000
Max: $3,000,000
Term Length: 12 months, up to 18 at lender discretion
Property Count: Min: 1
Max: 2
Permitted Property Types: Eligible:
Non-owner occupied 1–4 unit residential
Townhomes
Condos

Ineligible:
Mixed use properties
5+ unit multifamily properties
Condotels
Co-ops / TICs
Commercial property
Log homes
Properties subject to oil and/or gas leases
Operating farms, ranches, or orchards
Vacation or seasonal rentals
Rural properties

Experienced Developer Program
(3+ Similar Past Projects)

Maximum Loan-to-Cost: Up to 75% of the lower of land value or purchase price / 60% if unpermitted, plus 100% of construction.
Max 90% of total project costs with financed IR, 85% of total project costs without financed IR.
LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing.
Maximum Loan-to-ARV: Up to 70%
Recourse: Full recourse
Reserves / Escrows: Interest Reserve: minimum 1 month
Experience: Previous real estate experience required: 3+ similar ground-up builds + heavy rehabs with expansion. Professional development / builder.
Guarantors with no experience permitted with an experienced guarantor that meets the above experience criteria.
Loan Amount: Min: $50,000
Max: $3,000,000
Term Length: 12 to 24 month loan terms available
Property Count: Min: 1
Max: 10
Permitted Property Types: Eligible:
Non-owner occupied 1–4 unit residential
Townhomes
Condos

Ineligible:
Mixed use properties
5+ unit multifamily properties
Condotels
Co-ops / TICs
Commercial property
Log homes
Properties subject to oil and/or gas leases
Operating farms, ranches, or orchards
Vacation or seasonal rentals
Rural properties

Ideal Use Cases

Who this program serves.

Infill Builders

Developers delivering 1–4 unit projects in urban and suburban markets.

Small-Scale Developers

Operators moving from rehab into new construction with demonstrated experience.

Multi-Project Sponsors

Builders running concurrent projects who need consistent, scalable capital.

Process

Simple, fast, institutional.

Plans & Budget Review
Submit site plans, budget, schedule, and builder resume for pre-underwriting.
Term Sheet
Receive pricing and leverage conditioned on appraisal and third-party review.
Close
Close with land acquisition or seasoned refinance; legal handled in-house.
Construction Draws
Request draws tied to inspection milestones; typical turnaround 3–5 business days.
Payoff
Take out via sale or refinance into a stabilized or rental loan.

Ready to place a ground deal?

Get a term sheet in one business day.

Apply for Loan

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Ritter Capital makes ground up construction loans easy.

Who this program serves.

Infill Builders

Small-Scale Developers

Multi-Project Sponsors

Simple, fast, institutional.

Plans & Budget Review

Term Sheet

Close

Construction Draws

Payoff

Ready to place a ground deal?

Explore the full suite.

Fix & Flip

Stabilized Bridge

Single Property Rentals

Rental Portfolios