Plan-ready new construction loans
Alvear’s new construction loans empower you to preserve your capital by leveraging ours to acquire and build your next investment. Our financing process is tailored for developers—from a simplified application to developer-focused terms like no permits required* for funding, a quick draw process, and dedicated in-house servicing. Enjoy a fast and hassle-free experience from start to finish.
New purchase
Alvear can provide the funds to purchase the property plus the building costs—and can close quickly, allowing you to compete against cash buyers.
Refinance
Use your own cash to purchase a property and restore your original cash position within 6 months of the purchase.
Alvear's BuildSmart new construction loans support a range of real estate asset types: including single-family residences, 1-4 plexes, and PUDs.
Fund new purchases or restore your cash position
Great Rates – Competitive terms and transparent pricing, tailored to your experience for maximum returns on every project.
Adaptable options - Choose from flexible solutions that fit your goals, like single or dual closing options and tailored exit strategies for building to sell or to rent. With dependable capital and a seamless process, we’re ready to support your vision, whatever your strategy.
**Total project costs cover the combined expenses of Land/Structure, Soft Costs (e.g., permitting, general contractor fees), and Hard Costs (such as the cost of construction).
+To receive their first draw, borrowers must have secured permits, though they are not required to be in place at the time of closing.
***State-Specific Limits: In California, loans are available for up to $3M with a maximum rehab budget of $2M. For all other eligible states, the maximum loan size is $2M with a maximum rehab budget of $1.5M. Rates are determined by loan terms, borrower qualifications, LTV, and property details, and they are subject to change.
Please note: Only non-owner-occupied properties qualify. Interest rates or charges mentioned here are not recommended, approved, set, or established by the State of Kansas.
Eligible States: Loans are available in AZ, AR, AL, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI, WV, and Washington D.C. New construction loans with secondary financing are ineligible for interest-as-drawn terms, and borrowers with secondary financing cannot obtain construction draws until the secondary financing is resolved.
Alvear's service was outstanding, and they exceeded my expectations
David Lee
Real Estate Agent
Built for Developers
We're building the ultimate capital market place for real estate investors. Experience financing crafted for developers who demand efficiency, flexibility, and seamless support at every stage. From funding to final draw, Alvear empowers you to realize your vision without compromise.