Recently Funded Ground-Up Construction Loan In Broken Bow, Oklahoma

Loan Scenario:

This ground-up construction project supports a new detached PUD home in Broken Bow, Oklahoma. The borrower bought the lot for $85,000 with a construction budget of $312,052.70. Then American Heritage Lending provided $291,600 in funding. As a result, the loan carries an LTC of 73.44% and an LTARV of 60.00%. Once complete, the home should reach an After Construction Value of $486,000.

Now the loan is set up as a True Zero Point Loan with a 12-month interest-only term. This no-cost setup also cuts upfront points from the budget. The borrower brings limited experience to ground-up work. Therefore, the simple setup helps the build move forward without cash drag.

The scope covers a full ground-up build with many phases. First, crews handle permits and grading. Next, the utilities, septic, and well go in. Then the foundation, framing, and lumber package follow. From there, roofing, gutters, windows, doors, siding, and paint finish the outside. Inside work covers plumbing, electrical, HVAC, insulation, sheetrock, flooring, cabinets, and counters. Crews also install showers, a fireplace, appliances, and interior paint. Finally, the build wraps with driveway paving, a pool, and decking.

Broken Bow still draws strong demand from vacation buyers and short-term rental investors. Today the area benefits from Beavers Bend State Park and Hochatown. These spots also pull in steady tourism year-round. Plus, new homes in this market remain limited against buyer interest. As a result, finished builds often find willing buyers and renters.

Overall, this deal shows how AHL supports limited-experience builders with simple loan setups. The True Zero Point Loan cuts upfront cost. Also, the 12-month interest-only term matches the build timeline. As a result, the borrower moves from raw land to a finished home with clear control.