Ground-up and substantial rehabilitation financing with structured draw schedules and third-party inspections — built for Texas developers who deliver on schedule, every time.
Construction loans require a different kind of lender — one that understands the project lifecycle, anticipates draw timing, and maintains discipline through every phase of the build. That's how Brazos operates.
Our structured draw process is tied to verified project milestones. Third-party inspections confirm work completion before draws are released — protecting both borrower and lender throughout the project.
Interest accrues only on the drawn balance, meaning lower carrying costs in the early phases and capital that deploys as you actually need it.
Eligible Projects: Ground-up SFR and small multifamily (1–9 units). Gut rehab and substantial renovation. Infill development. ADU construction. Texas and select surrounding markets.
| Parameter | Detail |
|---|---|
| Loan Purpose | Ground-Up / Substantial Rehab |
| Rate | 11.5% – 15% (interest on drawn balance) |
| Term | 9 – 18 months |
| Loan Size | $100,000 – $2,000,000 |
| Max LTC | Up to 90% of total project cost |
| Max LTV (ARV) | Up to 70% of completed value |
| Draw Schedule | Milestone-based |
| Inspections | Third-party at each draw |
| Property Types | SFR, 2–9 Unit Multifamily, ADU |
| Recourse | Full recourse |
Our structured process keeps your project moving and your capital protected at every phase.
At closing, your full project budget is approved and a draw schedule established based on milestones.
Your builder completes a defined phase — foundation, framing, mechanical, finish work, etc.
An independent inspector verifies work is complete and meets quality standards before any draw is released.
Funds released promptly so your contractor can keep working without interruption.
Construction lending requires demonstrated experience. We look for builders who deliver on time and on budget.
Construction loans require more upfront documentation. Have these ready to move fast:
Submit your construction loan inquiry and a Brazos lending advisor will be in touch the same business day.
Apply for a Construction Loan →