5.99% interest rate for repeat clients
Keep things EASY and LOW-COST.
Builder Finance Inc. offers: a simple application, quick funding, a dedicated representative, and a 0.0% pay rate – wait until maturity to pay interest and fees.
As you build repayment history with us, our terms are designed to become better and better. You never know what the next residential opportunity will be, so work with a lender with many capabilities: fix-flip and rehab, construction, rental, build-rent, fix-rent, land, and other related types of financing.
Great Pricing
5.99% for repeat client (repaid 1+ loan), 8.99% for new client
Great Terms
0.0% pay rate (no interest payments)
Great Service
Dedicated loan representative
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Loan terms
| Loan Size | $100,000 - $2,500,000 |
|---|---|
| Max LTC | 85%/100%/100% for purchase, closing costs, and work, respectively |
| Points | 2 |
| Interest Rate |
5.99% for repeat client (repaid 1+ loan)
OR 8.99% for new client |
| Pay Rate | 0.00% (no monthly payments) |
| Term | 8 Months + 4 month extension |
| Origination Fee | 2% |
| Other | Borrower pays all lender costs. Terms may differ in TN. If loan is >$765,000 ARV limit is 68%, if >$1,700,000 ARV limit is 62%. |