New Construction Hard Money Loans in Connecticut
Mayflower Venture Partners provides new construction hard money loans for experienced residential developers throughout Connecticut. We are a direct private lender focused on ground-up single-family construction financing for homes in the $1 million and above price range. Term sheets in 24 hours. Closings in 10 to 14 business days.
Connecticut’s Gold Coast — Greenwich, Darien, New Canaan, Westport, and Wilton — is one of the most competitive luxury new construction markets in the country. Developers working in these markets need a lender who can move fast, fund draws without delays, and understand the unique dynamics of building in Fairfield County. A new construction hard money loan from Mayflower Venture Partners gives you exactly that.
Why Hard Money is the Right Tool for New Construction in Connecticut
Connecticut’s premium new construction markets move quickly. The best teardown lots in Greenwich and Darien go under agreement within days of hitting the market. Developers who can close fast and begin construction without waiting on conventional financing have a decisive advantage over those who cannot.
Hard money construction lending exists to solve that problem. As a direct private lender, we are not constrained by the approval timelines, committee processes, and documentation requirements that slow conventional lenders down. We look at the land, the construction budget, the projected exit price, and the developer’s track record — and we give you an answer within 24 hours. When you are ready to close, we are ready to fund.
Once construction begins, our 48-hour draw processing keeps your project moving. In a market like Greenwich or Westport where your subcontractors have other options and your carrying costs are significant, keeping draws flowing on schedule is not a minor detail. It is a core part of delivering a profitable project.
Our New Construction Hard Money Loan Program in Connecticut
We lend on ground-up single-family residential new construction throughout Connecticut. Our program is built for experienced developers working in the $1 million plus market.
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.
We are a direct lender, not a broker. Every loan we fund comes from our own capital, which means faster decisions, cleaner communication, and no surprises at the closing table.
Connecticut Markets We Actively Lend In
We provide new construction hard money loans across Connecticut with a focus on Fairfield County’s most valuable markets — Greenwich, Darien, New Canaan, Westport, and Wilton. For a full overview of our Connecticut new construction lending program, visit our New Construction Loans Connecticut page.
Who We Lend To
We work with experienced residential developers who have completed at least one ground-up construction project and understand the full build process from land acquisition through certificate of occupancy. We do not finance first-time builders on new construction projects. If you have a track record and a deal that pencils out in one of Connecticut’s premium markets, we want to hear from you.
Ready to Get Your Connecticut New Construction Hard Money Loan?
Apply now, email us at lo***@*******er.com, or call 617-553-6781. Term sheets in 24 hours.