Ground-up construction loans for builders and investors developing new properties in New Mexico. 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.
New Mexico anchors on federal employment (Sandia, Los Alamos, Kirtland AFB). Santa Fe and Taos add STR opportunity. Affordable acquisition basis supports real cash-flow across ABQ and secondary markets.
Albuquerque and Santa Fe rental demand is anchored by Sandia National Labs and Los Alamos National Laboratory — stable federal employment for the long term.
Kirtland Air Force Base in Albuquerque supports steady military rental demand.
Santa Fe and Taos host active STR markets. Our DSCR program supports STR income where zoning permits.
Whether you're closing a single-asset SFR in a smaller New Mexico market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Bernalillo County + Rio Rancho
Santa Fe County — state capital + arts market
Doña Ana County — Southern NM + NMSU
Sandoval County — fast-growing ABQ suburb
Southeast NM — Permian Basin adjacencies
San Juan County — Four Corners energy market
Northern NM — resort STR corridor
Statewide coverage — send us any New Mexico 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 New Mexico. Same clean underwriting from starter builds up to $7.5M.
Yes. SLA Capital funds New Construction loans throughout New Mexico — Albuquerque Metro, Santa Fe, Las Cruces, Rio Rancho, Roswell & Carlsbad, and every other NM 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 New Mexico. 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.
New Mexico anchors on federal employment (Sandia, Los Alamos, Kirtland AFB). Santa Fe and Taos add STR opportunity. Affordable acquisition basis supports real cash-flow across ABQ and secondary markets.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for New Mexico investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Short-term purchase + rehab financing across every New Mexico metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.