COVID-19 Update – Onyx Funding remains active through these challenging times. We can help with any scenario.

New Construction

Ground Up Commercial & Residential Financing

Onyx Funding provides builders and sponsors with customized financing programs across the entire capital stack. We fund ground-up construction, land acquisition and development, and tear down projects across the nation. 

Whether you are building to sell or building to rent, we have the right solution for you. Onyx Funding has successfully negotiated favorable debt and equity finance for our clients nationwide. 

Contact us today to find out how our ground up construction financing can work for you.

Our Loan Parameters

Type
Residential 1-4
Commercial
Loan Amount
$250,000 Minimum Loan Amount
$1 Million Minimum Loan Amount
Primary Focus
SFR, 2-4 units, Townhomes, spec homes, subdivisions, land infill, land acquisition
Multifamily, Condos, Land development, Recapitalization, Pref. Equity, Mezzanine debt, Mixed-use, agriculture, Healthcare Facilities, Senior and student Housing, Industrial, Storage, Office Buildings
Loan Term
12-18 months with extension options
1-5 years with extension options
Maximum LTV/LTC
Typically 75% of total cost (Up to 100% LTC in certain cases)
Typically 75% of total cost (Up to 90% LTC with embedded equity/mezz)
Recourse
Non-recourse on a case-by-case basis
Non-recourse
Amortization
Generally interest-only
Generally interest-only
Interest
Starting at 7.49%
Starting at 4.5%
FICO
600
650

Customized Lending

Onyx Funding is a full service commercial real estate firm that provides creative finance solutions.

We specialize in debt and equity funding for commercial real estate properties nationwide with a focus on building long lasting relationships and providing white glove service.

We provide sponsors with capital through our various capital sources.

Submit Online Inquiry

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We Simplify the Loan Process

1. Consultation

2. Submission

3. Application

4. Loan Funded

Looking For a quote?
Secure the Funding You Need

Onyx Funding strives to become your primary financing source. We can cover all your financing needs across all property types and real estate investment strategies. Onyx Funding will find the best financing solutions for your deals under a clear and straightforward execution.

Let us help your business grow!

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