Short answer:
Hard money is a great option for new construction projects when you need fast funding, flexible underwriting, or don’t qualify for a traditional construction loan. It’s especially useful for investors building in high-demand markets like North Texas.
Let’s take a closer look at when (and why) hard money makes sense for building from the ground up.
Building from scratch isn’t like buying a turnkey rental or doing a cosmetic flip. There’s no existing structure, no income, and often no comps that match the finished product. That’s why traditional lenders are hesitant to back new builds—especially from small or first-time developers.
They’ll typically want:
In contrast, hard money lenders like Silverton Capital focus on the project’s potential—not just your financial paperwork. If the numbers and the plan make sense, they’re ready to move.
Here are the most common (and smartest) scenarios where hard money makes sense for new construction:
Traditional construction loans can take 60–90 days to close. But if you already own the lot, have permits in motion, and need to break ground now, you don’t have time to wait.
Hard money loans can close in as little as a few days—helping you lock in contractors, materials, and a construction window without delay.
Banks often deny loans to:
Hard money lenders are more flexible. They care about:
If you're building in Dallas, Tarrant, or Collin County, and you’ve done your homework, there's a good chance Silverton Capital will work with you.
Hard money loans are short-term by design—perfect for projects where you’re planning to:
If your strategy is to build and exit in 6–12 months, a hard money loan fits that timeline perfectly.
If you’ve got equity in a lot or bought land with cash, that can count as your down payment. Hard money lenders may lend against the combined value of the land and the planned build.
That means less out of pocket to get started—and no need to dip into personal savings or max out credit lines.
Private lenders are faster than banks, but they still need key info to evaluate your deal. Be prepared to show:
Silverton Capital makes this process straightforward—and works with both seasoned builders and first-time developers looking to break into new construction.
Areas like Dallas, Fort Worth, Plano, and McKinney are experiencing major population growth, low inventory, and rising home values. That makes new builds especially appealing—and in many cases, more profitable than flips.
But to compete in these fast-moving markets, you need speed and flexibility. That’s exactly what hard money loans provide.
At Silverton Capital, we fund ground-up construction projects across Dallas, Tarrant, and Collin counties. Whether you’re building your first spec home or scaling up your development pipeline, we can help you:
Apply now to see if your project qualifies.
New construction takes vision, planning, and capital. When the banks slow you down—or shut you out—hard money lending gives you a way to build anyway.
Whether you’re chasing a single home deal or looking to scale development in North Texas, private funding might be the key to getting it done.
Apply with Silverton Capital for fast, reliable financing in Dallas, Tarrant, and Collin counties.
This article is for informational purposes only and is not intended to serve as legal, financial, or investment advice. Please consult with a licensed professional before making financial decisions.