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New Construction loans for Oregon builds.

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

Oregon market

Why Oregon works for investor lending.

Oregon is anchored by Portland's Silicon Forest (Intel, Nike) plus growing Central Oregon (Bend). Universities and state-capital demand round out the state. STR corridors add flexibility for mixed strategies.

Silicon Forest tech anchor

Washington County (Beaverton, Hillsboro) hosts Intel's largest US site plus Nike's global HQ. Deep tech + design employment drives rental demand across the metro.

Bend growth + STR

Bend has been one of the fastest-growing metros in the Pacific Northwest. Active STR corridors on the east side of the Cascades add flexibility. Our DSCR program supports STR income where zoning permits.

University + capital demand

Eugene (Oregon), Corvallis (OSU), and Salem (state capital) round out stable, predictable rental demand outside the Portland metro.

Metros served

SLA Capital lends across every Oregon metro.

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

Portland Metro

Multnomah + Washington + Clackamas counties

Eugene

Lane County — University of Oregon market

Salem

Marion County — state capital

Bend

Deschutes County — Central Oregon growth + STR corridor

Medford & Ashland

Southern Oregon secondary markets

Corvallis

Benton County — Oregon State University

Beaverton & Hillsboro

Silicon Forest — Intel + Nike anchors

Everywhere else

Statewide coverage — send us any Oregon property

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

Oregon New Construction FAQ

Common questions about New Construction loans in Oregon.

Does SLA Capital lend on New Construction in Oregon?

Yes. SLA Capital funds New Construction loans throughout Oregon — Portland Metro, Eugene, Salem, Bend, Medford & Ashland, and every other OR metro. Rates from 10%, up to 85% land + 85% construction.

How much of the Oregon project does SLA finance?

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

Oregon is anchored by Portland's Silicon Forest (Intel, Nike) plus growing Central Oregon (Bend). Universities and state-capital demand round out the state. STR corridors add flexibility for mixed strategies.

Get started

Ready to size a Oregon build?

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

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