Recently Funded Ground-Up Construction Loan In Denison, TX

Loan Scenario:

This ground-up construction project involves a new modern single-family home located in Denison, Texas. The borrower, a first-time builder, acquired the lot for $46,000 and is completing a full new build with a total construction budget of $190,575. American Heritage Lending provided $212,018 in construction financing, structured at 90% Loan-to-Cost (LTC) and 61.45% Loan-to-After Construction Value (LTARV). Upon completion, the property is projected to reach an After Construction Value of $345,000.

Notably, this project was financed as a true 0-point loan, allowing the first-time builder to access high-leverage construction capital without upfront discount points. The loan is structured as a 12-month interest-only facility, giving the borrower flexibility to focus on execution and cost management throughout the build process.

The project consists of a full ground-up build of a modern detached home. Work includes site preparation, foundation installation, and both framing labor and materials. The build also covers all major systems, including plumbing, along with exterior elements such as brick and masonry, driveway flatwork, fencing, and landscaping. Interior components include cabinetry, appliances, and finish work, with plans, surveys, permits, and a contingency reserve built into the budget to maintain flexibility throughout construction.

Denison continues to attract buyers seeking new construction at attainable price points, particularly as growth from the broader North Texas region expands northward. New, modern homes in this market benefit from limited supply and steady demand, positioning completed projects well for resale.

This project highlights how American Heritage Lending supports first-time builders by pairing high-leverage construction financing with practical loan structures. By offering 90% LTC construction funding with no discount points, AHL enables new builders to move from land acquisition to completed construction without unnecessary upfront costs, while maintaining a clear path to execution and long-term value creation.