Single Family Construction Loans in Massachusetts
Mayflower Venture Partners is a direct private lender specializing in single family construction loans for experienced residential developers throughout Massachusetts. We finance ground-up single-family home construction in the $1 million and above price range, with term sheets in 24 hours and closings in 10 to 14 business days.
Single family new construction is the most active and most lucrative segment of the Massachusetts residential development market right now. In the state’s premium suburban markets — from the inner suburbs of Greater Boston to the coastal communities of the South Shore and Cape Cod — demand for new, move-in ready single-family homes consistently outpaces supply. Experienced developers who can build quality product in the right locations are generating some of the strongest returns in the region.
Why Single Family New Construction in Massachusetts Makes Sense Right Now
Massachusetts has a structural housing shortage that is most acute at the top of the single family market. Towns like Newton, Lexington, Weston, Concord, Winchester, Wellesley, Needham, Belmont, Hingham, Cohasset, Duxbury, Sherborn, and Nantucket have more qualified buyers than they have quality homes available. Buyers in these markets — Boston-area executives, healthcare and biotech professionals, families relocating from New York and other high-cost metros — are waiting for new single-family construction that delivers what older inventory simply cannot.
That gap is the opportunity. A well-located, well-built new single-family home in one of these markets does not struggle to sell. It generates multiple offers and exits at strong prices because there is nothing else like it available. The developer who can identify the right teardown lot, secure competitive financing, and deliver a quality build on schedule is consistently rewarded in this market.
What Sets Single Family Construction Loans Apart
A single family construction loan is specifically structured around the needs of a developer building one new home from the ground up. The loan funds both land acquisition and construction costs, with proceeds disbursed in draws as the project hits completion milestones. This draw structure keeps your interest costs low in the early phases and ensures that funds are available when your contractors need them.
At Mayflower Venture Partners, we process draw requests within 48 hours. We establish the draw schedule with you and your contractor before closing so there are no surprises during the build. And because we are a direct lender funding from our own capital, there is no third party between you and your money when it is time to pay your framing crew or your mechanicals subcontractor.
Our Single Family Construction Loan Program
We lend on ground-up single-family residential construction throughout Massachusetts. 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.
Who We Lend To
We work exclusively with experienced residential developers who have a proven track record of completing single family construction projects. Our borrowers understand permitting, contractor management, draw scheduling, and what it takes to bring a ground-up build from land acquisition to certificate of occupancy on time and on budget.
We do not finance owner-builders or first-time developers on new construction projects. If you have completed at least one ground-up single family build and are ready to move on your next project in Massachusetts, we want to hear from you.
Ready to Finance Your Next Single Family Construction Project?
For a full overview of our Massachusetts new construction lending program, visit our New Construction Loans Massachusetts page. We also provide single family construction loans in Connecticut, Rhode Island, New Hampshire, and Maine.
Apply now, email us at lo***@*******er.com, or call 617-553-6781. Term sheets in 24 hours.