New Construction Loans

Experienced builders move fast—so do we. Our New Construction loans combine speed with structure, giving you the capital to fund your entire build and execute from start to finish without delays.

Fast, Reliable Funding for Ground-Up Construction

Wave

Get the capital you need—quickly and without the hassle. Rehab Wallet provides direct new construction loans with full project funding, a structured draw process, and fast approvals to help you move from groundbreaking to completion with confidence.

Full Project Funding

Fund your entire build with one lender—from land to completion—so you don’t have to manage multiple capital sources.

Fast Approvals

Our in-house team moves quickly so you can close fast and start construction without unnecessary delays.

Structured Draw Process

Our draw system helps keep your project on track while ensuring funds are released at the right stages of construction.

Terms

Wave
  • Up to 90% of total project cost
  • 100% of construction costs funded
  • Rates from 15%* (interest-only, charged on funds drawn)
  • 12 month loan term
  • No minimum or max loan size
  • No income or credit verification**
  • Up to 70% of completed value
  • Funding in SC, NC, GA, VA & TN
*For qualified borrowers
**Bank statements required for new to Rehab Wallet borrowers

Why Developers Love It

Controlled Project Costs

Interest-only payments on drawn funds help keep cash flow manageable throughout the construction process.

Built for Execution

Our structured draw process ensures your project stays on track with funding released at the right stages.

Exit flexibility

Sell, refinance, or hold as a rental—your exit strategy stays fully in your control.

Why Borrowers Love It

Family House

Predictable cash flow

Interest-only payments keep month-to-month costs low.

True partner mentality

Underwriting centers on deal strength, not personal paperwork.

Exit flexibility

Sell, refi, or convert to a rental—your call.

Frequently Asked Questions

underline

How does the draw process work?

This is a reimbursement-based program, meaning work must be completed before funds are released. Each draw requires supporting documentation such as invoices, receipts, and progress photos, and must follow an approved draw schedule.

Borrowers must have prior ground-up construction experience and be able to demonstrate a successful track record, along with a detailed budget and timeline for the project.

Yes, but all builders and contractors must be reviewed and approved. We look at experience, scope alignment, and overall project feasibility as part of the underwriting process.

Construction timelines can shift, and reasonable adjustments may be approved based on changes in scope, subcontractor availability, or other project-related factors.

All construction-related expenses must go through the approved draw process. This ensures proper tracking, documentation, and consistency throughout the project.

Where We Lend

Available in SC | NC | GA | VA | OH

Map 1

Get Started with Rehab Wallet

underline
Big visions need fast funding. Apply today, get approved fast, and start transforming your next property with confidence.