New Construction Lender in Boston, MA
Mayflower Venture Partners is a direct private lender providing new construction loans for experienced residential developers in Boston and the Greater Boston area. We are based in Quincy, Massachusetts — minutes from Boston — and we specialize in 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.
Boston and its surrounding suburbs represent one of the most active and most lucrative new construction markets in the United States. From the urban neighborhoods of Dorchester, Jamaica Plain, and South Boston to the premier suburbs of Newton, Lexington, Weston, Winchester, Wellesley, Concord, and Needham, experienced developers are building quality single-family homes that exit at strong prices into one of the deepest and most well-capitalized buyer pools in the country.
Why Boston is One of the Best New Construction Markets in the Country
Boston’s economy is anchored by a concentration of world-class universities, hospitals, and technology and life sciences companies that is unmatched outside of Silicon Valley. That economic engine drives a permanent, structural demand for high-quality housing from well-compensated professionals who want to live close to where they work — or in the suburban communities that Boston’s commuter infrastructure puts within reach.
The result is a housing market with chronic undersupply at every price point, but particularly at the top. In Greater Boston’s premium suburbs, there are consistently more qualified buyers than there are quality homes available. New construction that delivers modern layouts, high-end finishes, and energy-efficient systems in a desirable location absorbs quickly and exits at prices that reward experienced developers with strong margins.
For developers who can identify the right parcels — teardowns, infill lots, subdivision opportunities — and deliver quality product, the Boston market offers some of the most reliable new construction economics in the Northeast.
New Construction Lending in Boston and Greater Boston
As a Boston-based private lender, we understand this market from the inside. We know which neighborhoods in Dorchester, Jamaica Plain, Roslindale, and West Roxbury are seeing the strongest new construction demand. We know the exit values in Newton Centre, Chestnut Hill, Waban, and Newton Highlands. We understand the permitting process in Boston and the surrounding towns, and we know what it takes to get a ground-up single-family build across the finish line in this market.
That local knowledge matters when we underwrite your deal. We are not a national lender applying a generic formula to a Boston construction project. We are your neighbor, and we are evaluating your deal with the same understanding of this market that you have.
We process construction draws in 48 hours so your contractors stay funded and your project stays on schedule. In a market where carrying costs are significant and delays are expensive, that speed is not a minor convenience — it is a meaningful part of your project economics.
Our New Construction Loan Program
We lend on ground-up single-family residential new construction in Boston and throughout Greater Boston and Massachusetts. Our program is designed for experienced developers building in the $1 million plus price range.
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.
Greater Boston Suburbs We Actively Lend In
In addition to Boston proper, we are actively lending in Greater Boston’s most valuable new construction markets including Newton, Lexington, Weston, Winchester, Wellesley, Concord, Needham, Belmont, Dedham, Canton, and Westwood. For a full overview of our Massachusetts lending footprint visit our New Construction Loans Massachusetts page.
Who We Lend To
We work with experienced residential developers who have completed at least one ground-up construction project and have a clear understanding of the build process, contractor management, and draw scheduling. We do not finance first-time builders on new construction projects. Our borrowers are professionals who deliver on time and on budget.
Ready to Work With a Boston New Construction Lender?
Apply now, email us at lo***@*******er.com, or call 617-553-6781. Term sheets in 24 hours.