GROUND-UP CONSTRUCTION · Maryland (MD) Underwriting Matrix

Maryland Ground-Up Construction Loans (Spec Homes, Duplex/Fourplex & Build-to-Rent) — 2026 Rates, LTV Caps & State Rules

Maryland Ground-Up Construction provide business-purpose real estate investors with Up to 85% LTC / 70%–75% Completed ARV across loan amounts from $100,000 – $15,000,000+ at 9.75% – 11.75% Interest-Only on Drawn Funds (12 – 24 Months Interest-Only, 660+ FICO min FICO, 14 – 21 Business Days close). In Maryland (MD), lenders underwrite to a Quasi-Judicial (Order to Docket / Power of Sale) statutory framework (120–170 days-day average timeline), a 1.05% average property tax rate (~$363/mo at the $415,000 state median), and $490/$100K hazard insurance (~$169/mo).

Max Leverage / LTC

Up to 85% LTC / 70%–75% Completed ARV

Min FICO: 660+ FICO

2026 Rate Band

9.75% – 11.75% Interest-Only on Drawn Funds

12 – 24 Months Interest-Only

MD Security Instrument

Quasi-Judicial (Order to Docket / Power of Sale)

120–170 days days avg timeline

MD Avg Tax & Ins

1.05% Tax

$490/$100K Hazard Ins

How Ground-Up Construction Work in Maryland (MD)

Ground-up construction loans finance infill spec homes, luxury rebuilds, ADU/casita additions, 2–4 unit townhomes, and 5–25+ unit build-to-rent communities up to 85% Loan-to-Cost (LTC), crediting verified land equity toward the builder’s down payment requirement.

1. Maryland Median Benchmark

Median 1–4 unit price of $415,000 (75% LTV = $311,250) with Form 1007 rent of $3,050/mo and multifamily rent of $1,750/door.

2. Escrow & Title Underwriting

Maryland operates under a Quasi-Judicial (Order to Docket / Power of Sale) regime (120–170 days days). Lenders require ALTA lender's title endorsement, LLC Good Standing, and 6 months PITIA liquidity reserves.

3. Fast-Track Closing (14 – 21 Business Days)

Close in your Maryland LLC or Delaware LLC registered in MD with zero personal tax returns, W-2s, or 4506-C transcripts.

Maryland County-Level Property Tax & Insurance Hubs (3)

Baltimore City, MD

Baltimore City, MD · 2.24% Tax · $650/$100K Ins

Montgomery County, MD

Montgomery County, MD · 1.04% Tax · $540/$100K Ins

Prince George's County, MD

Prince George's County, MD · 1.38% Tax · $560/$100K Ins

Explore Other Programs in Maryland

Maryland DSCR Loans (Up to 80% LTV Purchase / 75% Cash-Out)Maryland Hard Money Loans (Up to 85%–90% LTC / 75% ARV)Maryland Private Money Loans (Up to 80% LTV / 85% LTC)Maryland Fix & Flip Loans (Up to 90% Purchase + 100% Rehab (75% ARV Cap))Maryland Bridge Loans (Up to 80% LTV Acquisition / 75% Bridge Cash-Out)Maryland Multifamily (5+ Units) (Up to 75%–80% LTV Purchase / 70%–75% Cash-Out)Maryland Commercial Property (Up to 75% LTV)Maryland Rehab & BRRRR Loans (Up to 85%–90% LTC + 100% Rehab Escrowed)Maryland Cash-Out Refinance (Up to 75% LTV Cash-Out (Select 80% LTV Tiers))