New Construction Hard Money Loans in Austin
Since 2006, Capstone Capital Partners has served Austin as the private lender builders trust. In a competitive market like Austin, you need a spec construction hard money lender you can count on. From pouring foundation to project completion, the same team of experienced lending professionals will support you. Loan processing, closing, and servicing are managed completely in-house at Capstone. Plus, you can close in just seven days with an accepted appraisal in-hand.
We help Austin builders make success of single-family, multifamily, condo, and commercial property projects every day. Our downtown skyline is ever-changing, and new construction opportunities are everywhere. We know what it takes to be successful with new construction projects in Austin and beyond! Get pre-approved in 24 hours with the new construction lender Austin trusts!
Capstone’s New Construction Advantage
Check out some specific lending parameters and advantages available to new construction hard money borrowers in Austin:
Competitive pricing: from 10-12% APR and 3-4% in points
12 to 24 months of interest-only payments
Simple & efficient draw process
Up to 70% ARV
Put down as little as 10%
Loan values from $100K to $7M
Single-family, multifamily, condos, commercial properties, and more are eligible for spec construction loans
Get pre-approved in 24 hours
Texas Borrower Reviews
Don’t just take our word for it - see what some of our Austin borrowers are saying. We’ve built our reputation one relationship at a time. Both Capstone Capital Partners and our in-house servicing company hold A+ BBB ratings!
“Always up front, honest and full of integrity. These guys are the real deal in private lending.”
Kenn Renner
Austin Realtor
“Our partnership has flourished into a friendship and because of their excellent business practices and vision; they are allowing us to fulfill our dreams as a community based non-profit organization. They are professional, strong in ethics and integrity; they have a caring response to client relationships.”
Mark Pecina (Pastor of Faith Builders Worship Center Austin)
Borrower
What’s a Spec Construction Loan?
“Spec” is short for “speculative”, which refers to the basis on which we lend. We lend money based on what we speculate the property to be worth after construction is finished. Spec construction loans are for builders and developers, and not for borrowers who are looking to move into the home as their primary residence. Capstone Capital Partners does not serve homestead or owner-occupied loans.