Bring the Land. We Fund the Build.

You own the lot. Free and clear. No loan on it, no lien, just your name on the deed.

So why does every construction lender still want a big check from you before they will fund the build?

Most of them treat your land like it does not count. They look at the total project cost, take a percentage, and ask you to bring the rest in cash. You already tied up capital buying the dirt. Now they want more of it sitting in their file before a single footing is poured.

That is backward. The land you already paid for is real equity. It should do the work.

Your land is the down payment

Here is how Kenwood looks at it. When you own the land free and clear, that land is your equity in the deal. We can fund up to 100% of the hard construction cost. You do not bring a separate cash down payment to start the build.

The land you already bought is the skin in the game. That is the whole point.

This is not a loophole or a teaser. It is a deliberate position. We do not do 100% on the purchase, because a borrower who buys with their own money is showing real conviction. But once the land is yours and clear, financing the full hard cost of the build reflects our confidence in the project and in you. The down payment already happened when you bought the lot.

What it looks like on a real build

Take a recent New River ground-up. The builder owned the lot free and clear. He brought no cash down payment to start construction.

The loan was $485,000. His land and early soft costs stood as his equity, somewhere between $100,000 and $150,000 in the deal before we advanced a dollar. Closing costs came out of loan proceeds, so his cash to close on the build was essentially zero.

And this was still a conservative loan. The finished home appraised at $815,000. Our loan was 59.5% of that completed value, which left more than $300,000 of cushion between our money and any loss. Every exit scenario we tested came out positive, even with the market down 15%.

That is the balance Kenwood is built on. The borrower keeps his cash. The loan stays protected by real equity. Nobody is reaching.

Who this is for

This works when three things are true. You own the land free and clear. You have built before, or you bring a builder who has. And the finished numbers make sense on conservative comps, not on the best sale in the neighborhood.

If that is you, the math is simple. You are not saving up a down payment. You already made it. You are ready to build now.

One lender across the whole project

The land is where it starts. It is rarely where it ends.

Maybe you own the lot but are not ready to break ground yet. We lend on the land while you get your plans and permits in order. When you are ready, we fund the build. And when the home is finished and you are deciding whether to sell or hold, we can bridge you to the exit.

One relationship, from dirt to finish. You stop re-explaining your project to a new lender at every stage.

That is what we mean by private capital built around your deal. We are not a bank and not a fund. We have underwritten Arizona real estate for 30 years, first position only, and we structure the loan around your project instead of around a box.

If you own land and you are ready to build

Call a principal directly at (480) 783-8800, or start with the funding answer form on this site. Tell us about the lot and what you want to put on it. We will tell you straight whether it is a fit.

Kenwood Mortgage Investments · 7950 East Redfield Road #110, Scottsdale, AZ · MB 13866 · NMLS 170223