Recently Funded Ground-Up Construction Loan In Dallas, Texas

Loan Scenario:

This ground-up construction project involves a new modern single-family home located in Dallas, Texas. Specifically, the borrower is a first-time builder who acquired the lot for $130,000. Currently, they are completing a full new build with a total construction budget of $360,462.12. To support this project, American Heritage Lending provided $432,416 in construction financing. More specifically, the loan is structured at 88.17% Loan-to-Cost (LTC) and 67.57% Loan-to-After Construction Value (LTACV). As a result, the property is projected to reach an After Construction Value of $640,000 once completed. Importantly, this project was financed as a True Zero Point Loan.

Therefore, the first-time builder can access high-leverage construction capital without upfront discount points. In addition, the loan is structured as a 12-month interest-only facility. Consequently, this gives the borrower flexibility to focus on building and managing costs throughout the project.

The scope of work covers a complete ground-up build. First, site preparation begins with planning, surveys, permits, and grading. Then, foundation and framing work follows. Next, major systems including plumbing, electrical, and HVAC are installed. As a result, the home will meet modern efficiency standards. On the exterior, work includes siding, roofing, windows, doors, garage doors, driveway flatwork, fencing, and landscaping. Meanwhile, interior finishes include insulation, drywall, painting, trim, cabinetry, countertops, flooring, tile, lighting, and appliances. Finally, a backup reserve is built into the budget to maintain flexibility.

Dallas-Fort Worth provides strong market support for this project. For instance, the region added nearly 178,000 new residents over the past year. Consequently, the total population now exceeds 8.3 million. Because of this growth, the area has become the nation’s top spot for corporate headquarters moves. In fact, 100 companies chose North Texas between 2018 and 2024. As a result, well-positioned new construction continues to draw strong buyer interest.

Overall, this project shows how American Heritage Lending supports first-time builders. Specifically, AHL pairs high-leverage financing with practical loan structures. Ultimately, this helps new builders move from land purchase to completed construction without unnecessary upfront costs.