New construction loans in WichitaGround-up builds funded from the lot to the finished home
Prairie Stone Lending finances ground-up construction for real estate investors in Wichita and Sedgwick County. We lend up to 70% of the completed value, with build funds released in stages as construction progresses. No minimum credit score and no income verification.
How construction draws work
Your build budget is held in reserve. As each stage is finished, you request a draw from your client portal and we release the money after review.
Send the plan
Lot, plans, budget and the completed value you expect.
Close
We set up the loan and the draw reserve for your budget.
Build and draw
Request each draw online as stages are completed.
Sell or refinance
Pay us off from the sale or your long-term loan.
Built for investor builds
Spec homes, infill lots and build-to-rent projects. We underwrite against what similar new homes nearby have actually sold for.
- Loan amount
- Up to 70% of completed value
- Build funds
- Released in stage draws
- Credit and income
- No minimum score, no income verification
- Rate and term
- Check my deal
Construction loan questions
Do you fund the lot purchase?
We can include the lot as part of the project, as long as the total loan stays within 70% of the completed value. Send us the details and we'll put it on the pre-approval.
How are construction draws released?
You request each draw from your client portal as a stage is finished. We review it and release the funds.
Do I need building experience?
Tell us about your team and your builder. We look at the whole project: the plan, the budget and the value when it's done.
Is there a minimum credit score?
No. We don't require a minimum score or verify income. Our loans are 100% asset-based.