Most private lenders underwrite the deal, land value, total cost, realistic ARV, and a solid GC. Experience helps, but it is not the gatekeeper people assume it is.

The program I work with funds ground up construction up to 85%* of cost and 70%* of ARV, no prior experience required, 660 FICO minimum*.

If your build is stalled because you think you need a track record first, get the numbers in front of someone before you count yourself out. Drop your scenario and we'll take it from there. 

*Rates, LTV, and program terms are subject to change and vary based on borrower credit profile, property type, and market conditions. Not all applicants or properties will qualify. This is not a commitment to lend.