A creative hard money lender
Private construction lending
WCLD provides private hard money construction loans for real estate investors building spec homes and investor/builder projects across Northern Virginia. We review ARV, construction budget, timeline, and exit strategy for ground-up construction deals in active Northern Virginia markets.
Ground-up construction lending in Northern Virginia requires a lender who understands local market dynamics, realistic construction cost structures, and ARV validation at the specific price point you are building into. WCLD reviews construction deals across Northern Virginia with a focus on investor and spec builds in active sub-markets where comparable new construction or recently sold renovated product supports a clear and well-grounded ARV.
WCLD reviews construction loan requests throughout Northern Virginia including Fairfax County, Arlington, Alexandria, McLean, Vienna, Herndon, Leesburg, Ashburn, Manassas, and other markets with active new construction and spec activity. Construction loan requests fall between $150,000 and $1,000,000. Most Northern Virginia spec builds fall in the $400,000 to $900,000 ARV range, though high-value markets like McLean, Great Falls, and portions of Arlington support ARVs well above $1,000,000 for new construction.
Infill construction is the most common structure for WCLD construction loans in Northern Virginia — building on an existing lot in an established neighborhood rather than in a new development subdivision. Infill deals in Northern Virginia typically involve teardown and rebuild on lots in Arlington, McLean, Vienna, and other close-in communities where land value and ARV support make the numbers work. WCLD reviews each infill deal on a case-by-case basis with particular attention to entitlements, permit status, and comparable new construction sales in the immediate area.
Strong construction loan deals share common characteristics: a shovel-ready or near-ready project with entitlements and permits in place or clearly approved, a detailed construction budget with a licensed general contractor, ARV support from actual comparable new construction sales within a reasonable proximity, a realistic build timeline, and a clear exit strategy — either a pre-sold contract or a well-supported ARV in an active buyer market. WCLD prioritizes deals where the borrower has documented construction experience and a contractor relationship already established.
WCLD structures construction loans with draws disbursed against completed construction milestones. Draw requests are reviewed and typically funded within 48 hours after WCLD inspection confirms the milestone is complete. The draw schedule is established at loan origination based on the construction budget and scope. Borrowers must have sufficient working capital to initiate construction before the first draw and to bridge between draw requests as work progresses.
WCLD requires entitlements and a clear permit path before closing a construction loan. Active permit applications are acceptable in some cases, but the project must have a clear timeline to permit issuance. Calling first to discuss the specific permit status of your project is the best starting point.
WCLD reviews construction deals across the ARV spectrum with most Northern Virginia projects falling between $400,000 and $1,000,000 in projected ARV. High-value infill markets like McLean and Arlington with strong new construction comps above $1,000,000 are reviewed individually based on comparable sales depth and buyer pool liquidity at that price tier.
WCLD reviews spec construction without pre-sale contracts when the ARV is well-supported by current comparable new construction or recently renovated sales data in the specific sub-market. Market evidence of demand at the projected price point is the key factor. Pre-sale contracts strengthen any construction loan application but are not always required.
Construction loan terms are structured based on the project's realistic build timeline plus reasonable buffer. Most Northern Virginia ground-up construction projects run 6 to 12 months depending on scope, permitting, and construction schedule. Term and rate structure are discussed individually during the initial call — calling first with your project details is always the fastest path to a decision.
WCLD reviews construction deals on collateral quality, land value, construction budget completeness, contractor credentials, borrower experience and liquidity, permit status, ARV support from comparable new construction sales, and exit strategy. Construction loans require more upfront documentation than standard rehab loans — having a detailed construction budget and a licensed GC in place before the call significantly speeds up the review.
When due diligence is complete, WCLD can often close within 3 to 4 days after title binder and term approval. Eligible rehab draws can often be funded within 48 hours after WCLD inspection, depending on project status and documentation.
Use the WCLD Deal Analysis Calculator to review ARV, rehab budget, holding time, ROI, and projected profit before you commit to a project.
Call 703-350-4339 first. If it is easier, send the property address, purchase price, rehab or construction budget, ARV, and timeline through the contact form.
Loan terms, leverage, draw timing, and closing speed depend on collateral, title, borrower strength, project scope, market conditions, and WCLD underwriting. This page is informational and is not a commitment to lend.