Construction Loans Ground Up in La Plata County Colorado
At YourLOI, we provide real estate investors with tailored ground-up construction loans in La Plata County, Colorado. Whether you’re building a new single-family rental in Durango or developing a multifamily property in Bayfield, our private capital solutions are designed for speed, flexibility, and reliability.
Loan Program Overview
Ground-up construction loans provide financing for new development projects from the dirt stage to completion. These loans are ideal for investors building single-family homes, duplexes, townhomes, or mixed-use buildings on vacant land.
How to Qualify
You’ll need the following to qualify:
– Lot or land ownership (or under contract)
– Approved plans or architectural drawings
– Permits in progress or ready to file
– Detailed construction budget and timeline
– General contractor agreement (if applicable)
Property Types Eligible
– Single-family homes
– Duplexes, triplexes, fourplexes
– Small multifamily developments
– Mixed-use properties
– Residential infill or subdivision lots
Fast Funding Timelines
– Term sheets within 24–48 hours
– Underwriting in 3–5 days
– Initial draw disbursed within 7–10 business days
– Flexible draw schedules throughout the project
Local Lending Experience in La Plata County
We’ve funded over 1,000 investment projects across Colorado. Our experienced team understands La Plata County’s specific permitting timelines, zoning regulations, and build challenges—from frost line considerations to rural inspection delays. We serve investors in Durango, Ignacio, Bayfield, and nearby areas. We’re trusted by builders and investors from Denver to Colorado Springs, Aurora to Fort Collins, and throughout La Plata County.
Why Choose Private Lending Over Banks?
Rehab, teardown, and new construction eligible
Close in weeks, not months
Flexible with borrower credit
Local insight into La Plata County inspections, permits, and zoning
No income verification