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Your construction loan, permanent loan, and even your
lot loan,
combined into one convenient, cost saving package....
Advantages
For Builders
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Price homes more competitively
without the expense of construction loans. |
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Simplified builder approval process. Click
Here |
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Reduces construction costs, interest, and
exposure. |
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No monthly interest bills. |
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Does not encumber credit lines - becomes
another source of financing. This is especially important in
deals involving CUSTOM PRE-SALES – use your regular construction
loans for specs. |
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A pre-sale home will not revert to a spec
home. |
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Even if you own the lot, it’s no problem.
You get paid for it at closing. |
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You can be reimbursed for “soft costs,”
such as real estate commissions, architecture fees, and building
permits at closing. |
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Reliable draws by wire, check, or deposit. |
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More units can be in progress by builder. |
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Since loan is closed prior to construction,
builder does not lose buyers from interest rate changes. |
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privacy
policy |
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