Start with readiness

Coastal's public construction program describes staged financing for new residential construction. Bring the current state of your project to the discussion: land ownership or contract status, design progress, approvals and the remaining steps before work can begin.

Separate completed milestones from planned milestones. A clear view of what is ready and what is pending helps the team identify the next information needed.

Put the execution plan in view

  • Site address, ownership or purchase status, and intended property use.
  • Plans, specifications and the status of zoning, permits and utilities.
  • An itemized construction budget with contingency assumptions identified.
  • Builder information and relevant completed-project experience.
  • Construction sequencing, target milestones and the intended sale or rental exit.

Clarify funding and change management

Ask how costs and stages would be handled under the proposed financing: what is funded at closing, what must be documented during construction, and how changes are reviewed. Establish the process before treating a projected funding date as certain.

For a build-to-rent strategy, discuss the rental plan alongside the construction plan. Completion, lease-up and long-term financing are separate milestones that should appear in the project forecast.

WAVE.loan's technology direction is designed to reduce friction in the information flow. Deeply experienced real estate operators retain responsibility for the core decisions behind your financing.

Financing details to confirm

Use this checklist to compare a project-specific proposal. Current program terms are confirmed by the lending team; this page is not a rate quote or commitment.

  • Leverage: distinguish total project cost, land basis and completed-value limits.
  • Builder readiness: bring relevant completed projects, contractor details, plans, permits and schedule.
  • Draws: agree inspection, documentation, reimbursement and change-order requirements.
  • Term and contingency: confirm the construction period, interest costs, reserves and extension options.