We Fund Your Project at the Speed You Need

Construction Loans

Build on your timeline with financing built for long-term success.

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Choose the Loan That Fits Your Build

Construction loans from RBB
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Bridge Loans

Bridge the gap between buying and selling or between breaking ground and completing a project.

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Construction Loans

Take your project from blueprint to completion with financing that supports every stage of the build.

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Permanent Financing

Secure long-term financing after your build is complete with stable payments that support holding or leasing your property.

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Terms and Conditions apply.

Subject to credit approval.

Royal Business Bank Benefits

Why Choose a Construction Loan?

A construction loan gives you the flexibility to fund your project as it comes together. Instead of getting everything up front like a traditional loan, you receive funds in stages.

  • Quicker Access to Funds
    Streamlined approval helps you break ground faster, without weeks of waiting.
  • Flexible Options
    Customize your loan to match your project timeline and funding needs.
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Is a Construction Loan Right for You?

Planning to build your dream home? Let’s see if a construction loan is right for you.

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Real Estate Investors

Finance new construction or redevelopment projects with staged funding that keeps your timeline, and your returns, on track.

Construction loans for renovators
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Renovators

Upgrade, expand, or rebuild with flexible financing that supports your plans.

Construction loans for homebuilders
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Owner Occupied Homebuilders

Build your first home on your terms with flexible, milestone-based funding.

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FAQs About Construction Loans

Need a Quick Answer?

Browse our most common questions before reaching out

A construction loan provides short-term financing to help build a new home or renovate an existing one. Unlike a traditional loan, it disburses funds in phases, matching the progress of your project.

A construction loan can help pay for key parts of your building project, including:

  • The cost of the land or lot
  • Labor from contractors and subcontractors
  • Building materials and supplies
  • Required permits and inspections

Just keep in mind that design-related expenses like hiring an architect or interior designer usually aren’t included, so those would need to be paid out of pocket.

To qualify, you’ll need a licensed builder, a detailed construction plan, and a realistic budget. Lenders will also evaluate your credit score, income and typically require a down payment of about 20%.

At Royal Business Bank, our team is more than happy to walk you through the process.

Yes, you can. If you already own the land, its value can count toward your equity in the project. That means you might need to borrow less, and it could even help cover part of your down payment.

Usually, you’ll make interest-only payments on the funds disbursed so far.

Once the project is completed, the loan can be converted into a standard mortgage or refinanced, depending on your preference.