Construction Loans in St. Louis, MO
Find lenders offering construction loans in the St. Louis, including Clayton, Chesterfield, Florissant, and surrounding areas. Compare rates, terms, and programs from 13 lenders.
Construction Lenders Serving St. Louis
13 lenders offering construction loans in the St. Louis, MO area.
Bank of America
Charlotte, NC
One of the largest US banks. Commercial real estate lending, construction financing, and SBA loans through nationwide branch network.
Broadmark Realty Capital
Seattle, WA
Private real estate lender offering bridge, construction, and land loans. Now part of Ready Capital. Loans from $500K to $25M+.
CoreVest Finance
Irvine, CA
Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.
JPMorgan Chase
New York, NY
Major CMBS originator and commercial lender. Full range of CRE financing including conduit, agency, and balance sheet.
KeyBank Real Estate Capital
Cleveland, OH
Major bank CRE lender. Balance sheet, agency, and CMBS lending for multifamily, office, retail, and industrial properties.
Lima One Capital
Greenville, SC
Private lender for real estate investors. DSCR loans require 1.5+ ratio, min FICO 700. 5, 10, and 30-year options. Up to 75% LTV on purchases.
Merchants Capital
Indianapolis, IN
Bank-backed commercial lender active in 47 states. Over $6.8B in financing. Specializes in multifamily, affordable housing, and healthcare.
New Silver Lending
FL
Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.
PNC Real Estate
Pittsburgh, PA
Top-10 US bank with dedicated commercial real estate lending. Construction, bridge, and permanent financing for major property types.
Stbridge Capital
Los Angeles, CA
Private money lender in California. Bridge, fix-and-flip, and ground-up construction loans. Fast closings for experienced investors.
US Bank
Minneapolis, MN
Fifth-largest US bank. CRE lending including construction, permanent, and SBA loans. Strong in multifamily and affordable housing.
Vaster
Miami, FL
Commercial bridge loan lender for CRE investors. Flexible short-term financing for acquisition, rehab, and construction.
Wells Fargo
San Francisco, CA
Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.
St. Louis Commercial Real Estate Market
St. Louis offers a deep and affordable CRE market with a diversified economic base spanning healthcare, financial services, and agribusiness. The Central Corridor along Olive Boulevard and Market Street connects the downtown CBD through Midtown to the thriving Central West End neighborhood, which has become the metro's premier mixed-use submarket adjacent to Barnes-Jewish Hospital and Washington University's medical campus. The Cortex Innovation Community, a 200-acre innovation district in Midtown, has attracted over $700 million in development including lab, tech office, and coworking space. Industrial demand is strong along the I-70 corridor and in the Metro East Illinois suburbs, supported by the region's inland port and extensive rail network.
Key Economic Drivers
- ●Washington University and BJC HealthCare medical campus, the metro's largest employer
- ●Cortex Innovation Community attracting biotech and tech tenants to a 200-acre Midtown district
- ●Anheuser-Busch, Monsanto (Bayer), Emerson Electric, and Edward Jones corporate operations
- ●Inland port and rail hub operations driving industrial demand along the Mississippi River corridor
Market Insight
Missouri's Historic Preservation Tax Credit program, offering a 25% state credit stacked with the 20% federal credit, has made St. Louis one of the top U.S. markets for historic rehabilitation — the city has more designated historic buildings than almost any other American city.
Construction Loans in St. Louis, Missouri
Commercial construction loans fund new development or major rehabilitation projects. Funds are disbursed in stages as construction progresses. Most are short-term (12-36 months) and convert to permanent financing upon completion. In the St. Louis metro area, borrowers can access 13 lenders offering Construction financing, including Clayton, Chesterfield, Florissant, and surrounding areas. Loan amounts typically range from $500K to $100M with rates from 7% - 10%.
Who Should Consider Construction Loans?
- Ground-up development
- Major renovations
- Land + construction
- Build-to-suit projects
Key Requirements
- Detailed construction plans and budget
- Licensed general contractor
- Building permits
- Development experience (strongly preferred)
- 20-35% equity
Advantages
- ✓Interest only on drawn funds
- ✓Funds disbursed as needed
- ✓Can include land acquisition
- ✓Construction-to-permanent options available
Considerations
- •Requires detailed plans and budgets
- •Draw schedule inspections
- •Higher rates during construction
- •Completion risk on borrower
Construction Loans in Other Missouri Cities
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