Private Construction Loan for Mid-Construction SFR in Atlanta, Georgia

Funded by Lima One Capital


Deal Details

Private Loan Type

Residential Ground-Up Construction

Approx. Funding Date


Property Type
Single Family Residence
Property City


Property State


Loan Term (months)


Payment Type

Interest Only

Property Value




Construction Budget


Construction Budget Funded


Completed Value


Loan-to-Completed Value


Construction Project Scope


Property Condition

Brand New Build

Occupancy at Closing


Building Square Footage


Deal Highlights

Mid-Construction Refinance
Closed in less than 30 business days
85% LTC

Deal Summary

Lima One Capital, a lender for residential real estate investors, funded a $2,874,700 1st lien position mid-construction refinance of a luxury single-family residence build in Atlanta, GA. The property value was $3,100,000. The completed value was $5,500,000 so our loan-to-completed value was 52.25%. The Borrower is a repeat customer who wanted to get cash out while also allowing funds to finish construction and get the home on the market. Lima One financed the deal in less than 30 business days at a blended 85% loan to cost at the as-is value. This loan has an interest-only 13-month term and fully funds the remaining $860,000 construction budget with no interest charged on undrawn construction funds. This unique mid-construction deal gives the Borrower cash out while allowing them to finish the completion of the property. The subject property is approximately 6,900 square feet. This SFR construction loan was funded in December 2023.

Funded By

Lima One Capital

The Nation's Premier Lender for Real Estate Investors