Kentucky New Construction Loans
KY New Construction Loans
Asset Based Lending works with experienced builders and developers to finance their new construction investments. Investors use these 12-month interest-only bridge loans to cover the financial hurdles that can prohibit certain deals from going through. As a hard money lender with full control of our capital, ABL has the ability to close deals quickly so investors can take advantage of every opportunity. We approve new construction loans in Kentucky (KY) as fast as 24 hours and close loans in 10 days on average, making us one of the fastest and most reliable financing options for new construction loans.
Rates for our new construction loans in Kentucky start as low as 9.99% and we provide loan amount ranging from $100K to $3.5M. We never charge prepayment penalties and offer a transparent loan process from start to finish, so you don’t have to worry about hidden fees. With more than half of our borrowers returning for repeat business and hundreds of verified five-star reviews, its clear that Asset Based Lending has the best loans for KY new construction.
New Construction Loans in Kentucky
| Experience | Credit Score Minimum | Interest Rate | Points | Advance Rate On Purchase | Advance Rate On Construction | ARV | Property Types | Pre-Pay Penalty | Extensions | Blanket Loans | Loan Size | Loan Terms |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 660 | 9.99%-15% | 0-2% | Up to 70% Land Value | 100% | Up to 67.5% | Single Family, Multi Family | No | Available | Yes | $100K to $3.5M | 12 Months |
Closing Speed
Underwriting Flexibility
Competitive Rates
Same Day Pre-Approval. Rates Starting At 9.99%.
Kentucky New Construction Market Dynamics and Financing Solutions
Kentucky’s residential construction sector presents exceptional opportunities for developers and investors, driven by a critically low one-month housing supply—significantly below the three-month threshold considered essential for market equilibrium. This substantial inventory deficit, coupled with escalating demand for homeownership across Kentucky’s metropolitan and suburban corridors, creates ideal conditions for strategic deployment of construction loans in Kentucky. Experienced developers utilizing specialized construction financing can accelerate project timelines, capitalize on market imbalances, and systematically develop multiple properties to meet this persistent demand. Asset Based Lending’s construction loans in Kentucky offer comprehensive funding solutions tailored specifically for ground-up development projects, enabling investors to secure sites and commence construction rapidly in competitive acquisition environments.
The current construction landscape presents distinct challenges beyond those typically encountered in rehabilitation projects, particularly regarding material cost volatility and supply chain disruptions affecting critical building components. Effective financial structuring through optimized construction loans in Kentucky becomes increasingly crucial as builders navigate these market complexities while maintaining profit margins. ABL’s specialized construction financing programs incorporate flexible draw schedules, competitive interest rates, and loan-to-cost ratios that accommodate evolving project requirements throughout the development cycle. For investors seeking to diversify their portfolios beyond construction into income-producing assets, ABL also offers sophisticated DSCR loans in Kentucky for long-term rental property financing, creating seamless capital solutions across the investment spectrum. Contact our Kentucky construction lending specialists to discuss customized financing options for your development projects.
Strategic Financing Options for Kentucky New Construction Projects
The surge in real estate development activity across Kentucky has created substantial demand for specialized construction loans, yet many investors discover that conventional financing channels present significant barriers to entry. Traditional banking institutions typically maintain conservative underwriting parameters for construction loans in Kentucky, implementing stringent qualification criteria, requiring extensive documentation, and imposing lengthy approval timelines that impede development momentum. While private capital sources offer increased flexibility, they frequently lack the institutional infrastructure and systematic draw distribution mechanisms essential for efficiently managing complex construction projects. Hard money lenders bridge this critical financing gap by providing construction loans in Kentucky that combine institutional reliability with streamlined approval processes and customized loan structures tailored to specific project parameters.
Asset Based Lending delivers comprehensive construction financing solutions specifically designed for Kentucky’s development landscape, offering the optimal balance between conventional banking security and private capital flexibility. Our specialized hard money loans for construction projects feature accelerated underwriting protocols, transparent fee structures, and systematic construction draw schedules that ensure predictable capital deployment throughout the development lifecycle. With construction loans ranging from $100,000 to $3.5 million and loan-to-cost ratios of up to 90%, ABL provides the financial infrastructure necessary for executing profitable development projects across Kentucky’s competitive markets. This strategic financing approach allows developers to focus exclusively on construction quality and timeline management, while eliminating the capital distribution uncertainties that frequently compromise project outcomes and anticipated returns on investment.
Investors Trust ABL New Construction Loans for Investment Property in Kentucky
When it comes to fast and reliable funding, KY real estate investors know to trust Asset Based Lending. Our track record speaks for itself, with more than half of our borrowers returning for repeat business and over $1 Billion in loan origination since our company’s inception. We have fully in-house teams for the entire loan process, providing you a five-star service from start to finish. ABL approves loans as fast as 24 hours and closes loans a quickly as two days with the appropriate paperwork. This doc-light approach to new construction financing lets real estate investors scale their business faster than ever and with zero headaches.
With the Kentucky real estate markets continuing to thrive and low housing inventory plaguing the most popular markets, now is the perfect time for builders and developers to take advantage of outside financing. By using hard money capital to fund their projects, they can move quickly and use the current market conditions in their favor. ABL insists on a transparent lending process with no prepayment penalties or hidden fees, so you keep more of your money. Contact us today to be approved for your KY new construction loan.
