Construction Loans · Massachusetts

Construction Loans in Massachusetts — One Close. Zero Surprises.

Whether you're building a custom home in Boston, renovating in Cambridge, or developing in Worcester — Sean Shallis structures construction-to-permanent loans with one closing instead of two, so you pay one set of closing costs.

Single close. Interest-only during build. One rate lock. One appraisal. Draw schedule managed. Originated through a national portfolio lender.

Get Your Build BudgetBook Strategy Call
90-second pre-qualification No credit impact $100K+ minimum project
Construction Lending in Massachusetts

Massachusetts builders deserve a lender who manages the details.

Sean Shallis is a national construction loan specialist who originates through a national portfolio lender, with the same file and the same underwriter from application to close. He structures single-close construction-to-permanent loans with one closing instead of two, locks your rate before you break ground, and keeps the draw schedule on track so your builder gets paid on time.

Whether you're building a custom home in Boston, doing a gut renovation in Cambridge, or combining construction financing with a physician loan — Sean's construction programs are available nationwide with the same white-glove service.

01
Plan with Sean
Share your Massachusetts build plans, budget, and timeline. Sean structures a single-close loan covering lot, construction, and permanent mortgage in one.
02
Build with Confidence
During construction, pay interest-only on funds drawn. Sean manages the draw schedule with your Massachusetts builder — releasing funds at each milestone.
03
Move In with One Mortgage
When construction completes, your loan converts automatically. No second closing. No re-qualification. No surprises.

Custom Build in Massachusetts

Building from the ground up in Boston or Cambridge? One loan, one close, one rate lock from dirt to doorstep.

Major Renovation

Gut renos and renovation-to-permanent projects in Massachusetts. Transform an existing structure without juggling multiple loans.

Physician Builders

Physicians building in Massachusetts can combine construction-to-perm with physician loan benefits. Student loan-friendly DTI available.

Investment Builders

Developing rental or investment properties in Massachusetts? Competitive terms for experienced investors with $100K+ projects.

One Close
Not Two

One set of closing costs and one appraisal. No second closing when the loan converts.

Interest-Only
During Build

Pay only interest on funds drawn — not the full loan amount

One
Rate Lock

Lock your permanent rate before construction begins

12-18 Mo
Build Window

Generous construction timeline with extension options

Sean vs. Typical Massachusetts Construction Lenders

Most Massachusetts lenders require two closings and leave you managing the draw schedule yourself.

Feature
Working With Sean
Typical MA Lender
Single close (one set of closing costs)
—
Interest-only during construction
Rate locked before build starts
—
Draw schedule managed for you
—
Physician loan combo available
—
Renovation-to-permanent eligible
—
No re-qualification at conversion
—
Lot purchase + construction in one loan
—

Building Across Massachusetts

Sean works with builders and developers across every Massachusetts market — and nationwide.

Boston, MA

Construction-to-permanent loans available for custom builds and renovations in Boston.

Cambridge, MA

Construction-to-permanent loans available for custom builds and renovations in Cambridge.

Worcester, MA

Construction-to-permanent loans available for custom builds and renovations in Worcester.

Construction Loan FAQ — Massachusetts

What's the difference between single-close and two-close construction loans in Massachusetts?
A two-close loan requires separate closings (and separate fees) for the construction phase and permanent mortgage. Sean's single-close program combines both into one loan: one closing, one set of closing costs, one appraisal. For Massachusetts builders that also removes the risk of rate changes or re-qualification between phases.
What's the minimum project size for a construction loan in Massachusetts?
The minimum project size is $100K. This applies to both new construction and renovation-to-permanent projects in Massachusetts. There's no maximum — Sean regularly structures construction loans for custom builds well into the millions.
Can I do a renovation-to-permanent loan in Massachusetts?
Yes. If you're doing a gut renovation or major structural work on a Massachusetts property, renovation-to-permanent financing rolls your purchase (or refinance), renovation costs, and permanent mortgage into a single close.
How does the draw schedule work?
Funds are released to your Massachusetts builder at pre-agreed milestones (foundation, framing, mechanical, etc.). Sean coordinates inspections and approvals so draws are released promptly. You only pay interest on funds that have been drawn — not the full loan amount.
Can I combine a construction loan with a physician loan in Massachusetts?
Yes. Physicians building custom homes in Massachusetts can access construction-to-permanent financing with physician loan benefits including favorable DTI treatment for student loans. This is one of Sean's specialties.
Can I include lot purchase in my Massachusetts construction loan?
Yes. If you haven't purchased your Massachusetts lot yet, the single-close loan can include lot acquisition, construction costs, and your permanent mortgage — all in one loan with one closing. If you already own the lot, its equity counts toward your down payment.
What's the typical timeline from application to breaking ground?
Plan for 30-45 days from application to closing. You'll need approved plans, a licensed Massachusetts builder, and a detailed budget. Sean's team works in parallel with your builder to keep the timeline tight. The construction phase itself typically runs 12-18 months.

Ready to plan your Massachusetts build?

90 seconds with Rosie to get your build budget. No credit impact. No obligation. Or book a 20-minute strategy call with Sean.

Get Your Build BudgetBook Strategy Call

Know Massachusetts before you borrow

How closings work in Massachusetts

An attorney state: the lender's closing attorney conducts the closing, and buyers usually retain their own counsel for the purchase-and-sale agreement.

Taxes and transfer costs

Property taxes are set town by town, and many towns offer a residential exemption for owner-occupants. Home sales of properties on septic systems require a Title 5 inspection before closing.

Insurance that shapes the file

Coastal and Cape properties carry flood-zone and wind considerations; older housing stock means insurers ask about roof, heating and electrical age.

Where people are buying

Boston and Cambridge · the North Shore · MetroWest · Worcester · Springfield · Cape Cod. First-time and lower-down-payment programs run through the MassHousing.

Plain-English notes, not legal or tax advice. Sean originates in all 50 states. Everything about mortgages in Massachusetts →

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