Recently Funded New Construction Loan In Dallas, TX

Loan Scenario:

American Heritage Lending financed a ground‑up construction project for a first‑time builder in Dallas, Texas, delivering a 12‑month, interest‑only solution tailored for speed and certainty. The borrower acquired the homesite for $40,000 and budgeted $206,367 to build a new single‑family residence. We funded $214,500, equating to 87% Loan‑to‑Cost and 65% Loan‑to‑Value on completion against an appraised After‑Construction Value of $330,000. The loan’s digital‑first, flexible, fast, and easy draw process helps the builder access funds quickly as milestones are met, keeping momentum high and timelines tight.

Dallas remains one of the most active ground‑up construction markets in the region, supported by strong household formation, sustained in‑migration, and an ongoing need for attainable new inventory. For first‑time builders, that demand—paired with streamlined city processes in many submarkets—creates a compelling path to enter the market with well‑underwritten projects and efficient execution.

The construction scope covers full vertical delivery—from plans, permits, grading, utilities, and foundation through framing, roofing, insulation, drywall, paint, driveway/flatwork, and all MEP (plumbing, electrical, HVAC)—plus exterior doors and windows, finishes such as cabinets, counters, flooring, tile, lighting, and trim, and site work including fencing, landscaping, and a prudent contingency. This combination of high‑leverage financing and an efficient draw experience positions the project for a clean completion and market‑ready debut in a rapidly improving submarket of Dallas.