Ground-up construction loans for builders and investors developing new properties in Mississippi. Finance up to 85% of your land purchase and 85% of construction costs on a single loan. Rates from 10%, non-Dutch interest, and land doesn't need to be permitted to qualify. Loans $100K to $7.5M.
SLA Capital — a Sir Lends A Lot LLC Company
A new construction loan is short-term financing for building a property from the ground up. It typically covers land acquisition, vertical construction, and an interest reserve on a single loan, with construction funds disbursed via draws as the build progresses through inspection milestones. Once construction is complete, the loan is paid off through a sale of the finished property or refinanced into long-term financing.
Mississippi is one of the highest-yield SFR markets in the country. DeSoto County spillover from Memphis, Jackson state-capital demand, and Gulf Coast SFR round out a strong cash-flow strategy set.
Mississippi acquisition basis stays among the lowest in the country relative to gross rents. Real cash-on-cash returns for portfolio investors focused on income.
DeSoto County (Southaven, Olive Branch, Hernando) is effectively part of the Memphis metro. Rental demand from Memphis-area professionals crossing the state line stays consistent.
Mississippi statutes are landlord-friendly with predictable timelines. Holding costs stay projectable across the state.
Whether you're closing a single-asset SFR in a smaller Mississippi market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Hinds + Madison + Rankin counties — state capital
Harrison County — Gulf Coast SFR + STR
Forrest County — Southern Mississippi + USM demand
Lee County — Northeast Mississippi
Lauderdale County — East Central MS
DeSoto County — Memphis metro adjacencies
Mississippi State + Ole Miss university markets
Statewide coverage — send us any Mississippi property
Same nationwide program, no state-specific surcharges.
Up-front pricing on every loan. The rate you're quoted is the rate you close at — no surprises at the closing table.
Up to 85% of the land purchase price plus 85% of construction costs. High leverage that keeps your capital deployable.
Pay interest only on the funds you've actually drawn, not on the undrawn balance. Keeps carrying costs down during early build phases.
Choose the term that fits your build schedule. Straightforward extensions available on active projects.
Land does not need to be permitted or warranted before loan approval. Get under contract and permit in parallel.
From single infill lots to multi-unit projects across Mississippi. Same clean underwriting from starter builds up to $7.5M.
Yes. SLA Capital funds New Construction loans throughout Mississippi — Jackson Metro, Gulfport & Biloxi, Hattiesburg, Tupelo, Meridian, and every other MS metro. Rates from 10%, up to 85% land + 85% construction.
SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Mississippi. Loans range from $100,000 to $7,500,000.
No. SLA Capital does not require the land to be permitted or warranted before loan approval. Get under contract and start underwriting in parallel with permitting.
Non-Dutch interest — borrowers pay interest only on funds that have been drawn, not on the undrawn balance. This keeps carrying costs down during early build phases when most of the loan hasn't been disbursed yet.
Mississippi is one of the highest-yield SFR markets in the country. DeSoto County spillover from Memphis, Jackson state-capital demand, and Gulf Coast SFR round out a strong cash-flow strategy set.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for Mississippi investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Short-term purchase + rehab financing across every Mississippi metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.