Builders Capital
Puyallup, Washington
NMLS ID 1829563
Builders Capital
Puyallup, Washington
NMLS ID 1829563
Fast, Flexible Financing for Builders
Builders Capital provides flexible residential construction financing for experienced builders operating at scale. Our guidelines are designed to support active pipelines with fewer constraints and more streamlined processes than traditional bank lending.
- Eligible Borrowers: Experienced regional and national residential builders with a proven track record who need speed, certainty, and flexibility to scale across markets
- Loan Types: AD&C All-in-One Loans, Ground-Up Construction, Bridge Stabilization, and Built-to-Rent Loans
- Geography: Nationwide
- Underwriting Approach: Builder-focused underwriting that evaluates the overall future pipeline—not just a single project—allowing for faster decisions and greater flexibility
Common Loan Scenarios
- Exposure Limits Up to $200M
- Single or Multiple Residential Properties
- Horizontal + Vertical Construction Loans
- Lending to Experienced Investors/Builders
Scenarios Not Considered
- NO 100% Financing
- NO Rural Locations
- NO Primary Residences
- NO Inexperienced Builders/Rehabbers
- NO Multifamily or Commercial Properties
- NO Rental Exist Strategy
Whether you’re embarking on a new construction project, revitalizing an existing property, or expanding your portfolio with long-term investments, Builders Capital offers the financial solutions you need. Our suite of loan products is designed to meet the diverse and complex demands of today’s builders and developers.
ALL-IN-ONE LOANS (Horizontal + Vertical)
Financing for entitled land acquisitions, horizontal lot development and vertical construction.
- Term
- Horizontal: Up to 24 months for horizontal portion
- Vertical: Up to 24 months for vertical portion
- Purpose: Purchase or Refinance
- Permits, preliminary plat approval and engineered stamped plans required
- LTV
- Horizontal: Up to 60% (based on finished value)
- Vertical: 75% (based on as-repaired value)
- LTC
- Horizontal: Deal specific, target 80% LTC
- Vertical: Up to 90% (based on cost to build with development costs)
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Interest Reserve or monthly payments
- Property Type
- Horizontal: Entitled land with zoning in place
- Vertical: Single Family, 2-4 Units, Condos, Townhouses
- Borrower Experience: Proven track record with a similar scope project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Reserve calculation is based upon 5% of the committed loan amount
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- Construction draws based on inspection report
- No rural properties
- 1st Lien Position at all times
- Max development budget 30% of total budget per project
- Exit fee if vertical does not get built
CONSTRUCTION LOANS (Vertical)
Financing for vertical construction. Available for one property or one loan for up to 10 properties.
- Term: Up to 24 months, per property (budget)
- Purpose: Purchase, refinance or cash-out refinance
- LTV: Up to 75% (based on as-improved value)
- LTC: Up to 95% (based on cost to build)
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Interest Reserve or monthly payments
- Total Units: No limit on units per loan
- Funds at Closing: For purchase (if not already owned), and reimbursement of work in progress (if approved)
- Property Type: Single Family, 2-4 Units, Condos, and Townhouses
- Borrower Experience
- Must have built and sold the same number of units or more, minimum 40 in the last 18 months
- Example: Borrower applying for a 3-unit loan must show 3 completed and sold projects in the last rolling 12 months.
- Proven track record with a similar scop project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Borrower / Guarantor must demonstrate a minimum aggregate 5% liquidity relative to all BC committed loans
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
BRIDGE LOANS
Secure your next project while you finalize permits or plans. Financing for the existing structure or location.
- Term: Up to 12 months, per property (budget)
- Purpose: Purchase, refinance, or cash-out refinance
- LTV: Up to 75% (built) “as is” value 60$ entitled land
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Monthly interest payments required
- Funds at Closing: Budget allowed for finished work up to 15%. Cash out allowed if within LTV requirements
- Property Type: Single Family, 2-4 Units, Condos, and Townhouses
- Borrower Experience
- Proven track record with a similar scope project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Borrower / Guarantor must demonstrate a minimum aggregate 5% liquidity relative to all BC committed loans
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- No rural properties
- Unentitled land not allowed
- Multiple Units allowed
- Apartment and Development-only loans not allowed
- 1st Lien Position at all times
- Budget allowed up wot 15% of the ARV
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Residential Rehab & Hold
Residential Construction
Property Types
- 2-4 Units Residential
- Condominium
- Single Family Residence
Loan Types
- Residential Ground-Up Construction
Specialty Loan Types
- Condo Conversion
- Luxury Homes
- Subdivisions
- Vacation Rental
Description
From custom homes to large developments, our construction loans provide the funding you need to bring your vision to life.
Development Experience Required
yes
Minimum Number of Ground-Up Construction Projects Completed by Borrower
1
Max LTC for Ground-Up Construction Costs
90%
Interest Charged for Construction Costs
Entire Amount of Total Project Costs
Will Lend on Partially Completed Construction Projects
no
Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Appraisal Fee
- Escrow Fee
- Credit Report Fee
Builders Capital is the nation’s leading private construction lender for experienced residential builders. Built by builders, our team brings firsthand knowledge of what it takes to scale through shifting markets, tightening credit, and the operational pressure that comes with running multiple projects at once.
We provide flexible, nationwide construction financing designed to move at the speed of a builder’s business. While banks often bring rigid structures and heavy requirements, Builders Capital offers a more streamlined, relationship-driven approach—fewer constraints, faster execution, and capital structured around how builders actually operate.
Our underwriting goes beyond a single project. By focusing on the builder’s experience and future pipeline, we deliver financing that supports growth, improves certainty, and keeps projects moving across markets.
With deep construction expertise, dedicated in-house teams, and a platform built specifically for professional builders, Builders Capital delivers the ideal blend of institutional stability and builder-first execution—providing capital built for scale.
Builders Capital’s Lending Activity
Data Provided By Elementix
12mo Loan Volume
$4,201,860,425
12mo Loan Count
3,471
Total Loan Volume
$16,517,508,069
Average Loan Size
$2,337,273
Office Locations
Our Team
Our minimum loan amount is $500,000