Ground up construction loan to build this luxury $2,900,000 home in Silverleaf. The principals at Kenwood Mortgage understand luxury residential construction, and the family owners of GCW Builders have been constructing high quality custom homes for almost as long as we’ve been lending private money. Recently GCW called us for funds to begin their next project. Any bank would have made this loan, but they wanted to go vertical NOW using Kenwood’s funds rather than endure an intrusive and lengthy bank underwriting process. As with every Kenwood construction loan, the time value of money always exceeds the cost of funds.