New Construction Loans in Massachusetts
Mayflower Venture Partners is a direct private lender specializing in new construction loans for experienced residential developers throughout Massachusetts. We focus exclusively 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.
Massachusetts is one of the strongest new construction markets in the country. From the Gold Coast suburbs of Greater Boston to the coastal communities of the South Shore and Cape Cod, demand for high-quality new single-family construction consistently outpaces supply. Experienced developers who can identify the right parcels, secure the right financing, and deliver quality product are finding exceptional returns in markets that have been appreciating steadily for years.
Why Massachusetts is One of the Best New Construction Markets in the Country
The Massachusetts housing market has a structural supply problem that is not going away. Strict zoning, limited available land, and strong in-migration from Boston’s world-class universities, hospitals, and technology companies have created a permanent imbalance between supply and demand — particularly at the top of the market. In towns like Lexington, Weston, Newton, Concord, Winchester, Wellesley, Needham, Hingham, and Cohasset, buyers are waiting for quality new construction that simply is not there. That gap is the opportunity.
New single-family construction in Massachusetts premium markets regularly exits above $1.5 million, $2 million, and in some cases $3 million or more. The buyer profile in these markets — Boston-area executives, healthcare and biotech professionals, relocating families from New York and other high-cost metros — is deep, well-capitalized, and motivated. When quality new construction hits the market in the right location, it does not sit.
Our New Construction Loan Program
We lend on ground-up single-family residential new construction throughout Massachusetts. Our program is built specifically for experienced developers who need a lender that can move fast, fund draws without delays, and be a genuine partner through the life of the project.
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. That means faster decisions, cleaner communication, and no surprises at the closing table.
Markets We Actively Lend In
We provide new construction loans across Massachusetts with a focus on the high-value suburban markets where $1 million plus single-family construction is most active. Our lending footprint includes communities throughout Greater Boston, the MetroWest corridor, the North Shore, the South Shore, and Cape Cod and the Islands.
Key markets include Newton, Lexington, Weston, Concord, Wellesley, Winchester, Needham, Belmont, Hingham, Cohasset, Duxbury, Nantucket, Sherborn, Sudbury, Carlisle, Natick, Medfield, Westwood, Hopkinton, Dedham, Canton, Hingham, and many more throughout the state.
Who We Lend To
We work with experienced residential developers who have a proven track record of completing ground-up construction projects. Our borrowers are professionals who understand permitting, contractor management, draw schedules, and what it takes to deliver a quality project on time and on budget.
We do not finance first-time builders on new construction projects. If you have completed at least one ground-up build and are ready to move on your next project in Massachusetts, we want to hear from you.
Why Developers Choose Mayflower Venture Partners
We are based in Quincy, Massachusetts. This is our home market. We understand the permitting process, the subcontractor landscape, the buyer profiles, and the exit values that make new construction work in the communities we lend in. When you call us with a deal, you get a straight answer within 24 hours — not a committee process, not a week of back and forth, not a maybe.
We also lend in Connecticut, Rhode Island, New Hampshire, and Maine for developers working across New England.
Ready to Move on Your Next Massachusetts New Construction Project?
If you have land under agreement, a teardown deal, or a ground-up construction project ready to finance in Massachusetts, reach out today.
Apply now, email us at lo***@*******er.com, or call 617-553-6781. Term sheets in 24 hours.