GROUND-UP CONSTRUCTION · Montana (MT) Underwriting Matrix

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

Montana 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 Montana (MT), lenders underwrite to a Non-Judicial (Small Tract Financing Act) statutory framework (120–150 days-day average timeline), a 0.79% average property tax rate (~$306/mo at the $465,000 state median), and $510/$100K hazard insurance (~$198/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

MT Security Instrument

Non-Judicial (Small Tract Financing Act)

120–150 days days avg timeline

MT Avg Tax & Ins

0.79% Tax

$510/$100K Hazard Ins

How Ground-Up Construction Work in Montana (MT)

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. Montana Median Benchmark

Median 1–4 unit price of $465,000 (75% LTV = $348,750) with Form 1007 rent of $3,050/mo and multifamily rent of $1,720/door.

2. Escrow & Title Underwriting

Montana operates under a Non-Judicial (Small Tract Financing Act) regime (120–150 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 Montana LLC or Delaware LLC registered in MT with zero personal tax returns, W-2s, or 4506-C transcripts.

Explore Other Programs in Montana

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