New Construction Hard Money Loans in San Marcos
New construction spec loans are made easier with Capstone Capital Partners. Through decades of combined experience and over $500M closed in loan volume, new construction hard money borrowers in San Marcos know Capstone as a private lender they can trust. Our easy and efficient draw process combined with seven-day closing times help builders win in competitive markets.
We help make successes of single-family, multifamily, condo, and commercial construction projects all across Texas. We close and service every loan in-house, removing a traditional bank’s red tape to ensure builders can begin projects quickly. San Marcos is a thriving area that we’re closely familiar with. Get started on a same-day pre-approval today by answering just a few quick questions! Get pre-approved in 24 hours with the new construction lender San Marcos trusts!
Capstone’s New Construction Advantage
Capstone funds construction spec projects with some specific benefits. As a private lender, our process is fast and straightforward. Check out a few reasons why builders choose us:
Competitive pricing: from 10-12% APR and 3-4% in points
12 to 24 months of interest-only payments
Simple & efficient draw process
Up to 70% ARV
Put down as little as 10%
Loan values from $100K to $7M
Single-family, multifamily, condos, commercial properties, and more are eligible for spec construction loans
Get pre-approved in 24 hours
Texas Borrower Reviews
Trusting your lender is a top priority as you invest in a new construction project. Capstone and its in-house servicing company both hold A+ BBB Ratings. See what Texas borrowers are saying about us!
“Always up front, honest and full of integrity. These guys are the real deal in private lending.”
Kenn Renner
Austin Realtor
“Our partnership has flourished into a friendship and because of their excellent business practices and vision; they are allowing us to fulfill our dreams as a community based non-profit organization. They are professional, strong in ethics and integrity; they have a caring response to client relationships.”
Mark Pecina (Pastor of Faith Builders Worship Center Austin)
Borrower
What’s a Spec Construction Loan?
“Spec” is short for “speculative”, which refers to the basis on which we lend. We lend money based on what we speculate the property to be worth after construction is finished. Spec construction loans are for builders and developers, and not for borrowers who are looking to move into the home as their primary residence. Capstone Capital Partners does not serve homestead or owner-occupied loans.