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New Construction Loans · Montana

New Construction loans for Montana builds.

Ground-up construction loans for builders and investors developing new properties in Montana. 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.

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SLA Capital — a Sir Lends A Lot LLC Company

What is a new construction loan?

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.

Montana market

Why Montana works for investor lending.

Montana pairs sustained growth (Bozeman, Missoula) with STR opportunity in Glacier and Yellowstone-adjacent corridors. Migration inflow keeps rental demand strong across the I-90 corridor.

Bozeman + Missoula growth

Bozeman has been one of the fastest-growing US micropolitans for years. Missoula adds sustained U of Montana + healthcare demand. Rental demand along Montana's I-90 corridor stays deep.

Migration inflow

Montana continues to attract in-migration from higher-cost coastal metros — supporting steady rental demand across the state's main metros.

Glacier + Yellowstone STR

Kalispell, Whitefish, and Bozeman host active STR markets adjacent to Glacier and Yellowstone. Our DSCR program supports STR income where zoning permits.

Metros served

SLA Capital lends across every Montana metro.

Whether you're closing a single-asset SFR in a smaller Montana market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Billings

Yellowstone County — largest Montana metro

Missoula

Missoula County — University of Montana + growth

Bozeman

Gallatin County — fastest-growing Montana city

Great Falls

Cascade County — Malmstrom AFB demand

Helena

Lewis and Clark County — state capital

Kalispell & Whitefish

Flathead County — Glacier NP corridor

Butte & Anaconda

Historic mining region — cash-flow secondary markets

Everywhere else

Statewide coverage — send us any Montana property

Montana New Construction terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 10%

Up-front pricing on every loan. The rate you're quoted is the rate you close at — no surprises at the closing table.

Leverage

85% land / 85% build

Up to 85% of the land purchase price plus 85% of construction costs. High leverage that keeps your capital deployable.

Interest

Non-Dutch interest

Pay interest only on the funds you've actually drawn, not on the undrawn balance. Keeps carrying costs down during early build phases.

Term

18 or 24 months

Choose the term that fits your build schedule. Straightforward extensions available on active projects.

Approval

Unpermitted land OK

Land does not need to be permitted or warranted before loan approval. Get under contract and permit in parallel.

Size

$100K to $7.5M

From single infill lots to multi-unit projects across Montana. Same clean underwriting from starter builds up to $7.5M.

Montana New Construction FAQ

Common questions about New Construction loans in Montana.

Does SLA Capital lend on New Construction in Montana?

Yes. SLA Capital funds New Construction loans throughout Montana — Billings, Missoula, Bozeman, Great Falls, Helena, and every other MT metro. Rates from 10%, up to 85% land + 85% construction.

How much of the Montana project does SLA finance?

SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Montana. Loans range from $100,000 to $7,500,000.

Does the land need to be permitted to qualify?

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.

How is interest calculated on the loan?

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.

Is Montana a good state for ground-up builders?

Montana pairs sustained growth (Bozeman, Missoula) with STR opportunity in Glacier and Yellowstone-adjacent corridors. Migration inflow keeps rental demand strong across the I-90 corridor.

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Send us the property. Our sizer returns a real term sheet in minutes.

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