How Private Lenders Compare to Bank Lenders for a Spec Loan
Builders looking for ways to fund new construction projects, like spec or pre-sale home building,...
How Private Lenders Compare to Bank Lenders for a Spec Loan
6 Tips to Prepare for Your Spec Construction Loan Application
Most builders constructing spec houses want to optimize their own capital . So they seek funding...
How Private Lenders Compare to Bank Lenders for a Spec Loan
Builders looking for ways to fund new construction projects, like spec or pre-sale home building, may consider financing using a private lender. While it is one way to get a spec house construction loan, working with a private lender can be quite differen...
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Construction Loan Terminology: What It Means and Why It's Important
If you’re thinking of applying for a construction loan, there is a lot to consider, and while doing your research, you may run into some unfamiliar terms. Below is an explanation of some construction loan terminology you’re likely to come across in the wo...
6 Tips to Prepare for Your Spec Construction Loan Application
Most builders constructing spec houses want to optimize their own capital . So they seek funding with a spec construction loan. Most or all of the money to build a house can come from a lender. A lender relationship is extremely important, and it’s in the...
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Construction Loan Application Preparation
As a builder, developer or investor, at some point you have to apply for your first commercial construction loan. Even if you’ve been in the business as part of another team, you may not know everything that goes into getting a loan like this. Gathering t...
Non-Traditional Construction Loan Types
There are several types of typical construction loans, but there are also a few lesser known loan-types that may be of interest to builders, brokers and investors: Model loans, land loans and fix-flip loans. The details of these loan types vary. Knowing t...
Construction Loans - Know the Basics
As any builder or investor knows, construction loans differ from traditional mortgages in a few ways, but knowing all of the different aspects and terms particular to construction loans is important in gaining a better understanding of this crucial facet ...
Do I Qualify for a Construction Loan?
Whether you are a novice builder or investor just starting out, or someone with years of construction experience under your belt, a construction loan is a vital aspect to the success of your project. While building a home from scratch comes with many poss...
