Construction Loans Made Easy — From Custom Homes to Full Subdivisions

Construction financing doesn’t have to be complicated. Whether you’re building your dream home or launching a multi-lot development, the right loan structure can protect your budget, simplify the process, and give you room to grow. W offer flexible construction loan programs

backed by 270+ lending partners — tailored to fit every scale and strategy.

Here’s what you need to know about financing new construction — from first-time home builders to professional developers.

🏡 1. One-Time-Close Construction Loans (OTC)

Best for: Individuals or families building a primary residence or vacation home.

  • What it is: This all-in-one loan covers land purchase, construction costs, and converts to a permanent mortgage when the build is complete — all with one approval and one closing.

  • Why it works: Saves time and money by avoiding two sets of closing costs and requalification. Lock in your rate up front and streamline the entire process.

🔨 2. Two-Time-Close Construction Loans

Best for: Borrowers who want more flexibility with builders, custom features, or phased funding.

  • What it is: Separate closings for the construction phase and the permanent mortgage. Offers more control over timing, builder payouts, and change orders.

  • Why it works: Ideal for custom builds or projects that may require adjustments mid-construction.

🏘️ 3. Subdivision & Builder Development Loans

Best for: Builders, developers, or investors financing multi-lot subdivisions, spec homes, or townhome communities.

  • Overview: We offer land development loans and vertical construction financing for ground-up residential projects. Flexible draws, builder-friendly terms, and scalable loan limits help keep your timeline on track and capital flowing.

  • Why it works: Competitive interest-only terms, customizable draws, and the ability to fund multiple lots at once.

📈 4. Construction-to-Permanent Investment Loans

Best for: Investors building rental properties, duplexes, or short-term rentals.

  • What it offers: One-time or two-time-close options that transition into a DSCR or long-term rental loan after the build.

  • Why it works: Keeps financing strategy aligned from the build phase through cash-flowing operation.


Committed to providing reliable financing solutions with transparency and care. We’re here to support your journey, every step of the way.

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Trace David, Mortgage Loan Originator NMLS# 2571377, Louisiana, United States.

NEXA Mortgage, LLC NMLS# 1660690

Corporate Address: 3100 W Ray Rd Ste 201 Office #209, Chandler, AZ 85226

1st Phase Empowered By NEXA Mortgage is not affiliated with any government agency, including the VA, FHA, or the HUD. Equal Housing Lender.