If you’re a home builder, you know that financing is a crucial part of the home-building process. That’s why we offer a one-time close home builder financing program that can make the financing process more accessible, affordable, and streamlined for both you and your clients.
With our program, the close happens before construction begins, and the funds are held in escrow until needed for construction. This eliminates the need for multiple closings and disbursements, making the process more straightforward and less stressful.
To get started, your clients will need to apply for a loan, which follows the same process as a normal mortgage loan. Our team will work with them to complete the application process, which typically involves providing information about their income, credit score, and the estimated cost of the home build. Once they’re approved, we’ll close on the loan and disburse the funds to you, the builder, as needed during construction.
Our program offers fixed interest rates, which can provide your clients with financial stability and predictability during the construction process. In addition, our program includes an interest rate float down during construction, which means your clients can take advantage of lower interest rates as they become available.
You don’t need to use your line of credit, which reduces your balance sheet and frees up your credit for other projects or emergencies.
Our program offers fixed interest rates, which can provide your clients with financial stability and predictability during the construction process. In addition, our program includes an interest rate float down during construction, which means your clients can take advantage of lower interest rates as they become available.
By offering a one-time close, our program reduces the risk of cost overruns and delays that can occur with other financing options. Our team has years of experience in the construction and finance industries, so we can provide expert guidance and advice throughout the process.
With our program, you don’t need to use your line of credit, which reduces your balance sheet and frees up your credit for other projects or emergencies. In addition, our program provides a streamlined payment process that helps you manage your cash flow and focus on building your clients’ dream homes.
Overall, our one-time close home builder financing program offers a range of benefits that can make the home-building process more accessible, affordable, and streamlined for your clients. Contact us today to learn more about our program and how we can help you succeed as a home builder.
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