Hard Money Loans of Jackson Hole

Property Program

Construction Loans in Jackson Hole, WY

Ground-up construction financing for residential homes, multifamily buildings, and commercial projects throughout Jackson Hole and the greater Teton region.

Construction Loans in Jackson Hole

Construction loans provide funding for ground-up construction of residential homes, multifamily buildings, and commercial projects. These loans disburse funds in draws as construction milestones are completed, with interest-only payments during the construction period to minimize carrying costs. Building in Jackson Hole requires navigating complex regulations, premium construction costs, and seasonal considerations.

Our construction loans provide the capital and expertise you need to complete your project successfully. We work with experienced contractors throughout the region who understand mountain building, from foundation work in variable soils to the premium finishes that luxury buyers expect. Our draw process is efficient, with inspections typically completed within 24-48 hours of request.

Construction Lending Excellence for Mountain Projects

Our experienced construction lending team manages draw disbursements, inspects work progress, and ensures funds are released appropriately. We work with you and your contractor to keep your project on track. We understand that construction in Jackson Hole involves unique factors, compressed building seasons, material delivery to remote locations, and the quality expectations of a luxury market. Our loan structures accommodate these realities.

Comprehensive Construction Financing

Construction loans from Hard Money Loans of Jackson Hole cover the full scope of your project. Land acquisition can be included if you don't already own the lot. Hard costs, materials, labor, and direct construction expenses, are funded through the draw process. Soft costs including permits, architectural fees, and engineering are typically included. We build contingency reserves into the loan to address unexpected conditions common in mountain construction.

Construction Loan Features

Our construction program offers competitive terms for Jackson Hole area projects:

  • Loan Amounts: $250,000 to $10,000,000 for residential and commercial
  • Draw Administration: Professional inspection and fund release process
  • Interest-Only Payments: During construction to minimize carrying costs
  • Flexible Terms: 6-24 months with extensions for weather or delays
  • Construction Coverage: Up to 80% of construction costs
  • Land Value: Up to 65% if land is owned
  • Contingency Reserves: Built in for unexpected conditions

Construction Project Types

We finance a wide range of construction projects:

  • Single-family custom homes, mountain retreats to town square residences
  • Spec homes for sale
  • Small multifamily buildings (2-4 units)
  • Commercial developments, office, retail, mixed-use
  • Major renovations approaching ground-up scope
  • Additions and substantial improvements

Projects throughout Jackson Hole, Wilson, Hoback Junction, Kelly, Moose, Teton Village, Dubois, Pinedale, and surrounding areas qualify. We work with contractors who have proven track records in the region.

The Construction Draw Process

Construction funds are disbursed in draws tied to project milestones. You and your contractor establish a draw schedule during loan setup, typically aligned with major phases (foundation, framing, mechanicals, etc.). When a phase completes, you request a draw inspection. We verify work completion and quality, then release funds, usually within 24 hours of inspection approval. This process protects both parties while ensuring adequate capital flows to keep your project moving. We understand that mountain construction involves variables beyond your control and can accommodate timeline adjustments.

Frequently Asked Questions

How does the construction draw process work?

Funds are held in construction escrow and released in draws as work completes. You request an inspection when a milestone is done; we typically inspect within 24-48 hours. Upon verification that work meets plan and quality standards, funds release promptly, usually within 24 hours. The draw schedule is established at closing based on your construction timeline and budget.

Do I need construction experience?

We prefer borrowers or general contractors with construction experience, particularly for complex projects. For custom homes, we often work with owner-builders who have engaged a licensed contractor. First-time builders may need to demonstrate strong contractor relationships and realistic project plans. We evaluate each project on its merits.

What if construction takes longer than planned?

Construction timelines often extend due to weather, permit delays, or unexpected conditions, particularly in mountain environments. We build flexibility into our loans and can typically extend terms for qualified projects. Interest reserves can be structured to cover extended timelines. We understand that Jackson Hole construction involves variables beyond your control.

Can I include land acquisition?

Yes. If you don't already own the lot, we can include land acquisition in the construction loan. Land value is typically financed at up to 65% LTV, while construction costs can be funded at up to 80%. We'll structure the loan to cover your full project scope.

What areas do you finance construction?

We finance construction throughout Jackson Hole, Wilson, Hoback Junction, Kelly, Moose, Teton Village, Dubois, Moran, Bondurant, Pinedale, Alpine, Afton, Victor ID, and surrounding areas in Wyoming and Idaho.

Loan Programs

Construction Loans
Land Development Loans
Hard Money Bridge Loans
Residential Rehab Loans

Features

Loan amounts from $250,000 to $10,000,000
Up to 80% of construction costs
Up to 65% of land value if owned
Interest-only during construction
Draw administration by experienced team
Extensions available for delays

Requirements

Detailed construction plans and specifications
Fixed-price construction contract
Licensed and insured general contractor
Building permits and approvals
Construction experience required
Contingency reserves for cost overruns
Takeout financing commitment or pre-qualification