Case Study: Georgia Builder achieves fast, efficient new home construction with Lima One Capital

Georgia Builder completes Lithonia new build in under 6 months with Lima One Capital

A Georgia builder sought financing to construct a new starter home on a vacant lot in Lithonia, GA. The builder turned to Lima One Capital, with whom he had a long-standing relationship, for a new construction loan to fund the project.

Lima One Capital provided a new construction loan solution that offered the builder greater leverage and lower interest rates. The loan covered 89% of the total project cost and provided 70% loan-to-value leverage. Lima One's in-house construction draw process allowed for fast fund disbursement, and the builder did not pay interest on funds until they were drawn. The result was an efficient build, with the property hitting the market in less than six months. This project was the builder's eleventh successful new build financed through Lima One.