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New Construction Loans · New Hampshire

New Construction loans for New Hampshire builds.

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

New Hampshire market

Why New Hampshire works for investor lending.

New Hampshire pairs no-income-tax-on-wages advantage with Boston-metro commuter demand (Nashua, Salem, Manchester). Seacoast tech + defense employment anchors long-term rentals. Constrained supply supports property values.

No state income tax on wages

New Hampshire has no income tax on wages — a real benefit for rental owners running properties here. (Investment income tax on dividends and interest exists but has been phasing out.)

Boston-metro commuter belt

Nashua, Manchester, and Salem are core Boston-metro commuter markets. Rental demand from professionals working in Massachusetts stays consistent.

Seacoast tech + defense

Portsmouth and the Seacoast host tech (Bottomline Technologies) and defense (Portsmouth Naval Shipyard) employment that supports long-term rental demand.

Metros served

SLA Capital lends across every New Hampshire metro.

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

Manchester

Hillsborough County — largest NH metro

Nashua

Hillsborough County — Boston-adjacent commuter market

Portsmouth

Rockingham County — Seacoast tech + defense

Concord

Merrimack County — state capital

Dover & Rochester

Strafford County — Seacoast SFR

Salem

Rockingham County — MA-border commuter market

Keene & Lebanon

Western NH secondary markets — Dartmouth-adjacent

Everywhere else

Statewide coverage — send us any New Hampshire property

New Hampshire 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 New Hampshire. Same clean underwriting from starter builds up to $7.5M.

New Hampshire New Construction FAQ

Common questions about New Construction loans in New Hampshire.

Does SLA Capital lend on New Construction in New Hampshire?

Yes. SLA Capital funds New Construction loans throughout New Hampshire — Manchester, Nashua, Portsmouth, Concord, Dover & Rochester, and every other NH metro. Rates from 10%, up to 85% land + 85% construction.

How much of the New Hampshire project does SLA finance?

SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in New Hampshire. 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 New Hampshire a good state for ground-up builders?

New Hampshire pairs no-income-tax-on-wages advantage with Boston-metro commuter demand (Nashua, Salem, Manchester). Seacoast tech + defense employment anchors long-term rentals. Constrained supply supports property values.

Get started

Ready to size a New Hampshire build?

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

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Also in New Hampshire

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