Private Lender for New Construction in Connecticut
Mayflower Venture Partners is a direct private lender specializing in new construction financing for experienced residential developers throughout Connecticut. We fund ground-up single-family construction projects in the $1 million and above price range. Term sheets in 24 hours. Closings in 10 to 14 business days.
Connecticut’s Gold Coast is one of the most competitive luxury residential markets in the country. Developers building in Greenwich, Darien, New Canaan, Westport, and Wilton are working in an environment where the best opportunities move fast, buyer expectations are high, and the right financing partner can make the difference between a deal that closes and one that does not. As a direct private lender for new construction in Connecticut, we are built to move at the speed this market demands.
What Sets a True Private Lender Apart in Connecticut
Not every lender who calls themselves a private lender is set up to handle new construction in a market like Fairfield County. The luxury new construction segment in Connecticut requires a lender who understands high-value land, sophisticated construction budgets, and the buyer profile that is spending $2 million, $3 million, or more on a newly built home. It also requires a lender who can process draws fast enough to keep experienced contractors and subcontractors on the job.
At Mayflower Venture Partners, we process construction draws in 48 hours. We work with you and your contractor before closing to establish a draw schedule that reflects the actual sequencing of your project. Once the build begins, there are no delays waiting for draw approvals. Your crews stay funded and your project stays on schedule.
We are also genuinely direct. Every loan we fund comes from our own capital. There is no broker layer, no fund committee, and no third party between you and the decision. When you call us, you are talking to the people who will make the call on your loan.
Connecticut New Construction Markets We Know Well
We have been lending to New England real estate developers for years and Connecticut is a core part of our footprint. We understand the permitting landscape in Fairfield County, the buyer profiles in each of the Gold Coast towns, and the exit values that make a new construction deal work at different price points across the state.
Our active Connecticut lending markets include Greenwich, Darien, New Canaan, Westport, and Wilton. For a complete overview of our Connecticut program visit our New Construction Loans Connecticut page.
Our New Construction Lending 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.
Who We Work With
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 from land acquisition through certificate of occupancy. We do not finance first-time builders. If you have a track record and a deal that works in Connecticut, we want to hear from you.
Ready to Work With a Private Lender Who Understands Connecticut New Construction?
Apply now, email us at lo***@*******er.com, or call 617-553-6781. Term sheets in 24 hours.