10/03/2026
Things your bank says when you ask for a construction loan:
-- "We need pre-sale contracts."
-- "On a spec home."
-- "Pre-sale contracts on a home that does not exist yet. Yes."
-- "That will be 90 days of underwriting, thank you."
Meanwhile builders in FL, TX, GA, and SC are getting draw-schedule funding through private real estate lenders. First draw at 25% completion. No W2 required to build on a permitted lot.
This is what we do at Slate. We match builders to the lender whose box fits the deal -- not the bank's box that was designed for 30-year residents with three years of spotless returns.
Results not typical. Funding subject to lender approval.
See what your ground-up deal qualifies for: slatefinancial.io/apply
Apply in 2 minutes: https://www.slatefinancial.io/c/a62c63d0-7bcb-4dc7-8da4-a1724bc43f68?p=facebook&to=https%3A%2F%2Fwww.slatefinancial.io%2Fapply%3Futm_source%3Dfacebook%26utm_medium%3Dsocial%26utm_campaign%3Domni