Construction Loans
Ground-up construction and new development projects require a lender who understands the build process from the ground up. Balvek Capital provides hard money construction loans for residential and small commercial projects throughout the DFW area — with draw-based funding tied to milestones so you're never waiting on capital to keep your crew moving.
Loan Features
- ✓Draw-based funding tied to construction milestones
- ✓New construction and gut-rehab projects
- ✓Residential and small commercial
- ✓Experienced team familiar with DFW permitting and inspections
- ✓Flexible loan structures for builders and developers
- ✓Fast approvals so you can break ground on schedule
From spec homes in Frisco to infill projects in Dallas, Balvek Capital has been financing construction in the DFW Metroplex for over 30 years. Tell us about your project and we'll structure a construction loan that keeps your build on track.
Loan Terms at a Glance
How It Works
Submit Your Project
Share your plans, budget, and timeline. We'll review the scope of work and give you a quick read on feasibility and loan structure.
Underwriting & Term Sheet
We review the project budget, plans, and your experience. Most borrowers receive a term sheet within 48–72 hours of a complete submission.
Appraisal & Closing
We order an as-completed appraisal and coordinate with title. Once approved, we close and fund the initial draw to get your project started.
Draw Requests
As construction progresses, submit draw requests tied to completed milestones. We inspect and fund draws quickly so your crew keeps moving.
Common Questions
How does a hard money construction loan work?
Construction loans are funded in draws as work is completed. You submit draw requests tied to milestones — foundation, framing, rough-ins, etc. — and we fund each draw after a brief inspection. Interest is charged only on the drawn balance, not the full loan amount.
Do you lend on spec homes in DFW?
Yes. We regularly fund spec home construction in Dallas, Plano, Frisco, McKinney, and surrounding markets. Call us with your project details and we'll discuss terms.
Can I get a construction loan for a gut rehab?
Absolutely. Gut rehabs that involve significant structural work are treated similarly to new construction. We'll evaluate the scope of work and structure the loan accordingly.
How long does it take to close a construction loan?
Once we have a complete file — plans, budget, and property information — we can typically close within 1–2 weeks.