Construction Lender for Custom Home Builders
Custom home building is one of the most demanding and most rewarding things a person can do in real estate. You are not flipping a house. You are creating something from nothing on a piece of land, delivering a finished product that a buyer will live in for decades, and doing it on a timeline and a budget that leaves very little room for error. The last thing you need is a lender who creates more problems than they solve. Mayflower Venture Partners is a direct private lender built specifically for custom home builders working in the $1 million and above price range. We are not a bank. We are not a mortgage company. We are a construction financing partner who understands what you do and is designed to support it.
What Custom Home Builders Need That Most Lenders Cannot Provide
The financing needs of a custom home builder are fundamentally different from those of a homebuyer, a fix and flip investor, or even a multifamily developer. You are managing a complex, multi-phase project with dozens of subcontractors, a material supply chain that has been anything but predictable in recent years, a client or a target buyer with high expectations, and a permitting process that moves at its own pace regardless of your schedule.
In that environment, your lender is either an asset or a liability. An asset is a lender who funds draws within 48 hours, who has reviewed and understood your budget before the project starts, who has a single point of contact who knows your deal and can make decisions, and who has enough experience with construction to have a realistic understanding of how projects actually unfold. A liability is a lender who takes two weeks to process a draw, who sends out a third-party inspector who has never been on a custom home job site, who changes loan officers mid-project, and who treats every draw request like a new underwriting event.
We are the former. We have designed every part of our process around being a genuine asset to the custom home builders we work with.
The Market Builders Are Working In Right Now
Let us be honest about the environment. The past few years have tested builders in ways that would have broken lesser professionals. Material costs spiked and stayed elevated. Labor markets tightened. Interest rates moved faster than anyone anticipated. Supply chains that had been reliable for decades became unpredictable almost overnight. And through all of it, the news cycle delivered a steady stream of reasons to feel uncertain about what comes next.
The builders who have navigated this successfully are the ones who stayed disciplined on their acquisition pricing, maintained strong relationships with their best subcontractors, built contingency into their budgets, and kept their financing simple and reliable. They did not need a lender to solve every problem. They needed a lender who would not create new ones.
That is still what the best builders need today. Certainty. Speed. A partner who is steady when everything else feels uncertain.
How We Work With Custom Home Builders
Our process is straightforward by design. You bring us a deal: the land, the construction budget, your exit plan, and your track record. We review it and give you a term sheet within 24 hours. If you want to move forward, we get to the closing table in 10 to 14 business days.
Before closing, we sit down with you and your general contractor to review the draw schedule. We want to understand the sequencing of your project so that when draw requests come in, they make sense to us and get funded without delay. Once construction begins, you submit draw requests and we fund within 48 hours. No exceptions, no delays, no surprises.
We stay out of your way during the build. We are not going to second-guess your subcontractor choices or question your finish selections. You are the builder. Our job is to keep the money flowing so you can do yours.
Our Construction Loan Program
Loan amounts from $500,000 to $5,000,000. Up to 75% of land acquisition cost. Up to 100% of construction budget. Loan terms of 12 months. Interest only monthly payments on the amount disbursed. Construction draws processed in 48 hours. No prepayment penalty. Direct lender, not a broker.
The Markets We Know
We lend throughout New England with a focus on the premium single-family new construction markets where custom builders are most active. Our footprint includes Massachusetts, Connecticut, Rhode Island, New Hampshire, and Maine, with selective lending in premium markets outside New England. We understand the permitting landscape, the buyer profiles, and the subcontractor markets in the communities where we lend. That local knowledge matters when we underwrite your deal.
Who We Work With
We work with experienced custom home builders who have completed at least one ground-up construction project. We are looking for professionals who manage their projects with discipline, maintain strong contractor relationships, and have a realistic plan for their exit. We do not finance first-time builders on custom home projects. If that is you, we want to hear from you.
Ready to Work With a Lender Who Actually Gets It?
Apply now, email us at lo***@*******er.com, or call 617-553-6781. Term sheets in 24 hours.