Build to
hold.
Finance
the exit.
A California construction-to-DSCR loan is a single continuous financing relationship — from ground-break through permanent hold financing — without starting over with a new lender at the exit.
Ground-up ADU, multifamily new construction, mixed-use, and SFR conversions across California. One team. One process. One exit strategy built into the underwriting from day one.
From ground
break to
permanent
finance.
Before a single permit is pulled, we underwrite the full deal — including the permanent DSCR exit. We review project plans, construction budget, GC credentials, timeline, site, and projected stabilized income. The exit underwriting happens here, not at the end. This means no surprises when the project completes and it’s time to roll to permanent financing.
A draw-based construction facility tied to project milestones — foundation, framing, MEP rough, drywall, finish. Draws are disbursed upon inspection sign-off at each milestone. Our licensed general contractor (CSLB #1067782) can manage on-site oversight for Wexmoor Build clients, keeping the project on schedule and on budget. You focus on the portfolio — we watch the build.
When construction completes and the property stabilizes — meaning leases are signed and income is documented — we roll directly into the permanent DSCR loan. Because we underwrote the exit at Phase 1, there’s no starting over, no new lender pitch, no re-qualification from scratch. The same team executes the exit on the terms we modeled from the beginning.
Exit-first
underwriting.
Most construction lenders underwrite the build. We underwrite the hold. Knowing the permanent DSCR exit from day one changes how you structure the project, the LLC, the cap rate targets, and the lease-up timeline. Every decision downstream gets smarter when the exit is already mapped.
What we finance.
Ground-up or garage-conversion accessory dwelling unit on an existing SFR lot. Draw schedule aligned to permit phase and milestone completion. Common exit: primary home + ADU DSCR on combined rental income.
5–20 unit ground-up residential construction. Construction bridge at 70–75% LTC. DSCR permanent exit based on stabilized NOI. We underwrite the stabilized rental income before construction begins.
Ground-floor commercial with residential units above. Investor-owner structures eligible. Exit underwriting based on blended income — commercial lease plus residential rents. Ideal for urban infill and main-street retail corridors.
Existing single-family home with a major conversion — second-story addition, complete re-structure, or ADU attachment. Construction bridge covers the scope of work, then rolls to standard DSCR on completion.
From review
to ribbon-cut.
Submit your project through the intake form — plans, site, budget, timeline, and exit target. We review the full picture and come back with a program recommendation and exit underwriting model before anything moves forward.
~1 business dayConstruction facility closes. Draw schedule established. Milestone inspections managed. GC oversight coordinated if you’re using the Wexmoor Build program. The project runs — you get progress reports, not surprises.
Duration of buildProject completes. Tenants in. Leases signed. We execute the DSCR exit on the terms modeled from day one — same team, no new application, no re-qualification. You own a cash-flowing asset with permanent financing in place.
30-yr fixed DSCRthrough the full cycle.
No hand-off to a different team at the DSCR exit. Same people who reviewed your deal in Phase 1 execute the permanent financing. One relationship. One set of terms. No surprises at the finish line.
underwriting.
We underwrite the permanent DSCR exit before construction starts. That means every decision during the build — unit mix, finish spec, lease rates — is optimized against a real exit model, not a guess.
available.
Our licensed general contractor (CSLB #1067782) manages Wexmoor Build projects from plans through punch list. Construction runs on schedule, draws disburse on milestone, and the exit underwrites cleanly because the build was managed properly from the start.
Common
questions.
A standard construction loan finances the build and then requires you to find separate, permanent financing at completion — usually starting the qualification process over from scratch. A construction-to-DSCR bridge is a single facility that covers both phases. The permanent DSCR exit is underwritten before construction begins, so when the property stabilizes, the same team executes the exit on pre-modeled terms. No re-qualification. No new lender. No surprises at the finish line.
Ground-up ADU, 5–20 unit multifamily new construction, mixed-use (commercial + residential), and significant SFR conversions or additions. The common thread is an investment property exit with a stabilized rental income stream that qualifies for DSCR permanent financing. If you’re building or converting to hold as a rental, this program is designed for you.
No. You can use your own licensed, vetted general contractor. However, using our GC (CSLB #1067782) through the Wexmoor Build program comes with milestone oversight built in, which streamlines draw disbursements and keeps the project on the timeline we modeled at underwriting. Either way, the GC must be licensed, insured, and approved before the construction facility closes.
Draws are tied to verified project milestones — foundation, framing, MEP rough-in, drywall, and final completion. Each draw requires an inspection sign-off confirming the milestone is complete before funds disburse. This protects the project from cost overruns and ensures the build proceeds in an orderly sequence tied to the original construction budget.
Most projects are structured at 70–75% Loan-to-Cost (LTC) on the construction facility, depending on project type, sponsor experience, and exit underwriting confidence. The specific LTC for your project is determined at pre-construction underwriting review. Bring your detailed project budget and timeline when you submit the intake form.
No new application. Because the DSCR exit was underwritten at Phase 1, the same team executes on the terms already modeled when the project completes and stabilizes. You’ll need to provide lease documentation and a final inspection confirming completion, but there’s no starting from scratch. The exit was part of the deal from the beginning.
Construction timelines vary significantly by project type. ADU conversions typically run 3–6 months. Ground-up ADU: 6–9 months. Multifamily new construction: 12–24 months depending on unit count and site complexity. We review the GC’s timeline at pre-construction underwriting and model the construction facility term accordingly.
Yes. Entity-vesting is available for both the construction phase and the DSCR permanent exit. Most investors structure the project in an LLC from day one to separate liability, facilitate entity-level financing, and simplify tax treatment. We work with your attorney and CPA to structure the entity correctly before the facility closes.
Tell us about
your project.
Submit plans, site details, and construction budget below. We’ll respond with a program fit and exit model within one business day.
