Construction Loans & Lending Programs for Builders
Overcoming the
Key Challenges in
Construction Financing
At CoFi, we understand the complexities of construction. With our industry expertise, we offer tailored financing solutions that align with your project’s needs and timeline.
Our builder-designed loan portal, software, and in-house team provide the flexibility and support needed for your project’s success.
Getting Financed
Construction projects often appear riskier to other lenders, making getting financed a challenge. Your lender should work with you are your pace through underwriting and project completion. CoFi puts you in the driver seat.
Cash Flow Management
Managing cash flow to cover construction costs before a sale can be daunting. CoFi’s easy-to-use loan portal simplifies budgeting and draw processing, allowing you to focus more on the jobsite.
Construction Delays
Delays from weather, labor shortages, or draw disbursements can extend timelines and increase costs. The right lender helps keep your project on schedule and your costs under control.
Market Risk
With over $1 trillion lost annually to construction fraud, CoFi prioritizes trust by ensuring transparency, standardizing processes, and implementing effective risk reduction strategies.
At CoFi, we know that construction and lending are not one-size-fits-all. As the industry moves faster than ever, our platform streamlines the process, enabling quick decisions and rapid funding for your next project.
Learn more about CoFi Lending Solutions
CoFi simplifies lending and loan servicing by reducing reliance on paper-based processes and offering real-time visibility into fund allocation and project progress. By streamlining these processes, CoFi ensures builders always know where their funds are and when they’ll arrive.
New Construction
Tailored financing solutions for single-family home builders, ensuring quick approvals, smooth processes, and timely funding for every project.
Production
& Tract
Secure funding for multi-unit, attached or detached developments with customized loans, competitive rates, and full project support.
Fix & Flip Projects
Flexible financing for new construction and major renovations, with timely draw approvals, tailored precisely to your project’s unique needs.
Modular Construction
Reliable financing options for manufactured home projects, offering quick approvals, competitive rates, and dedicated support throughout the building process.
Can’t find the service you need or have questions? Tell us more about your project, and one of our experts will get back to you with personalized assistance.
Cofi is a wonderful company, quick with responses and friendly and patient staff. Will walk you through the process for first time users of their software. I would recommend their services to any builder, from the seasoned GC to the first-time builder. If need your project funded Cofi is the company for you.
Roy Denson
Independent Builder, Florida
Testimonials
See what our clients are saying about their experience with CoFi’s trusted construction financing solutions.
New Construction
Our New Construction program provides adaptable financing options for ground-up developments. Whether you’re just starting or already in the midst of construction, we can tailor a flexible loan solution to fit your project’s needs.
We understand the importance of timely construction draws for the swift completion of your project. With our in-house funds control and digital inspection teams, we can adapt our underwriting and funds control processes to suit each specific project.
This program accommodates a variety of project types, including luxury spec homes and traditional subdivision developments.
Project Types
- All-in-one Single Family Spec / Model (Acquisition & Construction)
- Single Family Spec / Model (Lot Owned)
- Single Family Spec / Model (Lot ‘To Buy’)
- Single Family 2-4 Units (Attached SFR)
- In-Flight Construction with limited refinance of outstanding debt
Not seeing your project type listed? No problem. Give us a call or click the ‘Contact Us’ button to share some details about your project and let’s see what we can do.
Loan Guidelines
Minimum loan size $200,000
Up to 18 months
Up to 75% Loan-to-Value (LTV)
Up to 85% Loan-to-Cost (LTC)
Loan Requirements Overview
All lending is for non-owner-occupied (NOO) purposes
First Position on Lien, No Seconds
Interest reserve funded
Personal guarantee required on most loans
Borrower Qualifications Overview
Our typical borrower is an LLC or Corporation
FICO >660
Proven track record with similar scope project (can work with new builders)
Production & Tract
Our Production Lending program provides adaptable financing options for the construction of new residential properties, including financing for horizontal and ground-up developments.
We understand the importance of timely construction draws for the swift completion of your project. CoFi provides funds based on the project’s progress and milestones, ensuring that construction can proceed smoothly without financial interruptions.
With our in-house funds control and digital inspection process, we can adapt our underwriting processes to suit each specific project and tailor a flexible loan solution to fit your project’s needs.
This program accommodates a variety of project types, including multi-unit complexes, spec and model homes for traditional subdivision developments, and larger phased projects.
View Project Types
- Condominiums
- Duplex
- Triplex
- Quadplex
- Townhomes
- Spec/Model + Planned Unit Subdivision w/ limited improvement budget (acquisition & development)
- Phased construction
Not seeing your project type listed? No problem. Give us a call or contact us to share some details about your project, and let’s see how we can help.
Loan Guidelines
Minimum loan size $200,000
Up to 18 months
Up to 75% Loan-to-Value (LTV)
Up to 85% Loan-to-Cost (LTC)
Loan Requirements Overview
All lending is for non-owner-occupied (NOO) purposes
First Position on Lien, No Seconds
Interest reserve funded
Personal guarantee required on most loans
Borrower Qualifications Overview
Our typical borrower is an LLC or Corporation
FICO >660
Proven track record with similar scope project (can work with new builders)
Fix & Flip
Our New Construction program provides adaptable financing options for ground-up developments and major renovations. Whether you’re just starting or already in the midst of construction, we can tailor a flexible loan solution to fit your project’s needs.
We understand the importance of timely construction draws for the swift completion of your project. With our in-house funds control and digital inspections, we can adapt our underwriting processes to suit each specific project.
Project Types
- All-in-one Single Family Spec / Model (Acquisition & Construction)
- Single Family 2-4 Units (Attached SFR)
- In-Flight rehab construction with limited refinance of outstanding debt
Not seeing your project type listed? No problem. Give us a call or click the ‘Contact Us’ button to share some details about your project and let’s see what we can do.
Loan Guidelines
Minimum loan size $200,000
Up to 18 months
Up to 75% Loan-to-Value (LTV)
Up to 85% Loan-to-Cost (LTC)
Loan Requirements Overview
All lending is for non-owner-occupied (NOO) purposes
First Position on Lien, No Seconds
Interest reserve funded
Personal guarantee required on most loans
Borrower Qualifications Overview
Our typical borrower is an LLC or Corporation
FICO >660
Proven track record with similar scope project (can work with new builders)
Modular Construction
Obtaining financing for manufactured housing projects can be more difficult compared to traditional site-built homes due to perceived risks and lower resale values. Limited access to capital can slow down project development and reduce the number of available units.
CoFi’s Modular Construction program provides innovative financing for every stage of the manufactured housing lifecycle. This program is designed to support construction projects and value-add strategies. Our team works closely with you to choose the right financing solution, ensuring your financial resources align with your strategy.
And just like our other loan programs, CoFi provides funds based on the project’s progress and milestones, ensuring that you project can proceed smoothly without financial interruptions.
View Project Types
- Modular
- Prefabricated
- Component
Not seeing your project type listed? No problem. Give us a call or click the ‘Contact Us’ button to share some details about your project and let’s see what we can do.
Not seeing your project type listed? No problem. Give us a call or contact us to share some details about your project, and let’s see how we can help.
