Loan Scenario:

A builder-investor partnered with American Heritage Lending on a ground-up construction loan for a single-family home in Sevierville, structured as a no-cash-out refinance. Backed by one previously completed and exited construction project, the borrower brought a clear plan for the new build — a large residence with a pool and full site work — and needed draw-based funding to execute it. AHL provided a $1,092,000 loan at 78% loan-to-cost on a 12-month interest-only, true zero-point structure, with an after-construction value projected at $1,560,000 and a resale exit.

Sevierville sits at the gateway to the Great Smoky Mountains in Tennessee‘s Sevier County, minutes from Pigeon Forge, Gatlinburg, and Dollywood — the engine of one of the Southeast’s busiest tourism corridors. That year-round visitor traffic underpins persistent demand for cabins and upscale homes, making a well-appointed new build with resort-style amenities a strong candidate for resale. With each construction draw funded as work was verified, AHL’s financing kept the project on schedule.

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