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Ground up construction loans for brokers
Have a client who wants to build? We fund 90% of the lot and build budget, including clients who have never built before.
Get my termsNew construction loansSee your terms in seconds
Your loan amount shows as you type. Send the deal and a loan officer follows up.
Estimate only. Loan amount is 90% of lot price plus build budget. Business-purpose loans on investment property, not homes you will live in.
Check a deal before you send it
Choose I'm a broker on the form, enter your client's lot price, build budget and sale price, and send it. A loan officer follows up.
What fits
- New homes built to sell or rent
- Clients with 0, 1 to 2, or 3 or more completed builds
- Lot and build in one loan
Questions builders ask
Straight answers about construction loans for brokers' clients.
How much of my build do you fund?
We fund 90% of your total cost: the lot price plus the build budget. You bring the other 10%.
Do I need building experience?
No. We lend to first-time builders with no completed projects, as well as to experienced builders.
How is the build budget paid out?
In draws. As each stage of the build is completed, the work is inspected and that stage's money is released.
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