Atlanta New Construction Loans
Paces Funding is a true direct hard money lender funding ground-up construction across metro Atlanta with our own capital — which means faster decisions, flexible draw schedules, and a team that understands what it takes to build in this market. No middlemen, no red tape, just the financing to get your Atlanta project out of the ground.
Ground-Up New Construction Financing Built for the Atlanta Market
Atlanta remains one of the strongest new construction markets in the Southeast, and builders who can move quickly on land and lots have a real edge. The metro still faces a genuine housing shortage — demand continues to outpace long-term supply across much of the region — which keeps a steady floor of buyers under well-located new builds even as the market finds a more balanced footing in 2026.
Speed and the right draw structure are everything in construction, and that’s where a direct lender matters. Bank construction financing is slow, paperwork-heavy, and built around your income rather than your project. Paces Funding underwrites on the deal — the lot, the build cost, and the finished value — and releases funds on a draw schedule tied to real project milestones, so your crews keep moving instead of waiting on a lender. Whether you’re building a single spec home, a small infill project, an ADU, or a handful of houses, we have the capital and the local knowledge to fund it.
From intown infill and teardown-rebuilds near the BeltLine to ground-up spec homes in the growing southside and suburban submarkets, Atlanta’s building activity is concentrated exactly where private construction lending works best — projects that need to close fast and fund flexibly. That’s what we do!
Why Choose Paces Funding as Your New Construction Lender?
Our construction loan programs are built for builders and developers who need prompt, convenient, and flexible financing. As a direct lender using our own funds across Georgia, Florida, North Carolina, South Carolina, Tennessee, Texas, and Virginia, we deliver quick decisions tailored to the specifics of your Atlanta project. We’re focused on building long-term relationships — putting your success ahead of any single transaction.
Our loans are versatile and cover the full range of investor and builder needs: residential, new construction, cash-out home equity, commercial, fix-and-flip, and rehab projects. From lot acquisition through draw disbursements and project completion, we’re with you the whole way.
Fast Turnaround
– Close in as little as one day
Asset Based Lender
– We lend on the project, not just your credit
Flexible Draw Schedules
– Funds released as you hit milestones
Less Paperwork
– Streamlined loan process
Atlanta New Construction Loan Terms
Finance your ground-up Atlanta build with a hard money construction loan.
LOW Credit Minimums
NO Prepayment Penalty
Loans to Company or LLC
11% – 14% Interest Rates
Loan fee of 2.75-4.5 Points
Term – 12 Months
$0 Doc Fee
Loans from $25,000 to $20,000,000
Interest only payments
Milestone-based draw schedule
Lenders Title Policy Required
Close in 2 weeks
We’re all about your success! Think of us as your partners in every project, providing the tools and advice you need to thrive. As the largest new construction money lender using our own funds in the Atlanta, Georgia area, we make speedy decisions tailored to your project. Everyone we work with gets treated with respect because we’re focused on building relationships, not just making deals. Have more questions? Contact us!
We care about YOUR success
Our Loan Process
APPLY
ONLINE
Get started by filling out our easy loan application.
APPLICATION
REVIEW
Once we receive your completed application, we will review the application and one of our experienced loan officers will call you to discuss any additional information we may need.
ADDITIONAL
DOCUMENTS
After the Application review, the next step is for you to submit your purchase contract and renovation list. During this step we will also provide you with a Good Faith Estimate to review and approve.
PROCESSING &
UNDERWRITING
Once the Good Faith Estimate has been approved, we will then order an appraisal and title. Our construction manager will visit the property with the borrower to go over the bid sheet and construction that will be performed on the property.
CLOSING
& FUNDING
At this time we will set up the closing with our preferred attorney and send over the closing instructions/documents along with the wire to fund the transaction. The borrower is required to provide the necessary property insurance prior to closing.
The Atlanta New Construction Market in 2026
Atlanta’s new construction landscape in 2026 is best described as active but disciplined. Permit activity has moderated — metro-wide residential permits are down roughly 11% year-over-year through mid-2026, following a similar dip the year before — but that cooling is measured, not a collapse, and it reflects builders being selective rather than demand disappearing. For a well-capitalized builder with the right lot, a less frenzied market can actually mean less competition for land and labor.
A few dynamics Atlanta builders and developers should keep in view this year:
The housing shortage still underpins demand.
Metro Atlanta continues to run short of housing relative to household formation, and new construction remains one of the primary solutions. That structural gap supports absorption for well-located, well-priced new builds even as overall inventory rises.
Infill and teardown-rebuild activity stays strong intown.
Inside the perimeter, where land is scarce and buyers want new construction in established neighborhoods, knockdown-rebuild and infill projects remain some of the most active corners of the market — especially near the BeltLine, in South Atlanta, and in walkable, strong-school pockets where finished values justify the land cost.
The suburbs carry the volume.
Fast-growing counties like Gwinnett, Hall, and Fulton continue to lead metro permit activity, with builders and developers concentrating in submarkets where developable land is still available and demand is durable. The southside — powered by film-industry and logistics job growth around the airport corridor — has become one of the metro’s notable growth stories.
Speed and draw structure protect your margin.
In a market where permit timelines still average 60–90 days for new single-family builds and carrying costs accumulate the whole way, a lender who funds fast and releases draws on time is part of the profitability equation, not just a source of capital.
Atlanta New Construction Loan FAQ’s
How quick can you fund?
We have funded properties as quickly as 1 day. If there are no unusual circumstances (i.e. title issues, all required documents in hand), then the closing can proceed as soon as the appraisal has been completed and title is cleared. Usually this can be accomplished within 1 week to 10 days. You do your best and we will respond in kind.
How quick can you fund?
We have funded properties as quickly as 1 day. If there are no unusual circumstances (i.e. title issues, all required documents in hand), then the closing can proceed as soon as the appraisal has been completed and title is cleared. Usually this can be accomplished within 1 week to 10 days. You do your best and we will respond in kind.
Where do you loan?
We currently lend throughout the Southeast. Other markets will be added soon. If you have a project in another market, contact us and we’ll discuss if we can lend on it.
Do you make permanent loans?
Why are your rates so much higher than banks?
Do you make personal loans?
No. We only make loans for commercial, business and investment purposes.
Will you finance commercial properties or apartments?
We will look at multifamily projects from 2 units to 200 and more. Bring us office buildings, retail, industrial, lots to be developed, and new construction.
Does my credit matter?
Will you finance commercial properties or apartments?
I’ve been turned down at banks, is it possible for me to get a loan from Paces Funding?
What do LTV and ARV mean?
These are acronyms for loan to value (LTV) – the value of the property in relation to the loan on the property and after-repaired-value (ARV) – the value of the property after all improvements or construction has been completed.