When it comes to new construction projects, we know that timing and trust matter. Our New Construction Loans help real estate investors and developers purchase tear-down or shovel-ready lot(s), with the ability to secure up to 85% of the total project cost. Break ground with confidence in days, not weeks with fast funding.
Connect with a loan officer to discuss your project by filling out our form below or calling us directly at 703-348-0549.
Submit your property and borrower details for approval.
The first time through, we keep it simple. If you’re a returning borrower, we already know you—so approvals get faster and easier every time. No need to submit the same documents over and over.
When WCP commits, we deliver. No surprises, no letdowns – just the funding you were promised, so you can secure deals with confidence.
Real people. Real expertise. Real support.
At WCP, you’re not just another loan application – we become invested in you and your success. When you reach out, you’ll be speaking with an experienced loan officer who knows the market inside out and is committed to giving everyone a chance to succeed.
A New Construction Loan funds ground-up builds on vacant land or tear-down properties, while a Fix and Flip Loan is designed for renovating and reselling existing structures.
Yes, there will typically be a down payment required. If the loan is a refinance, evidence of equity in the property will need to be provided
You have 12-18 months to pay it back.
No, raw land is not a qualifying property type for a New Construction Loan. To qualify, the lot must already have street access, a sewage system available, and utilities access. If an investor or developer uses another lender to finance the development of the land, they can refinance the project into a New Construction Loan once the utilities are in place and the lot becomes eligible.
Close deals in days. Get up to 85% LTC. No prepayment penalties. You have our word.
