100% LTC available
For new construction projects valued from $100,000 to $8,000,000+. For professional builders wanting to optimize pricing and terms AND to lock things in for 5 years.
Zero Fees Possible
Defer Interest Payments
Same Day Draws Possible
GET STARTED - GET IN TOUCH
Hundreds of Repeat Borrowers
Whether you build 1 or 100 projects a year, use Builder Finance Inc.
95%+ of applications approved. Work with us for low rates, a dedicated representative, up to 100% LTC, and same day draw funding.
Loans up to $5,000,000
for Builders, Developers, Investors
Houses, Townhouses, Multifamily
Recently Funded
Terms
| Size | Up to $5,000,000 |
|---|---|
| LTC | 100% of eligible costs |
| Term | 5 Years |
| Fees | 0% - 2.5% One-time fee. No other fees. |
| Rate | Floating rate for 5 years available |
| Other Costs | No other fees you pay. Reimburse lender for third-party expenses including appraisal, recording taxes and fees, etc. |
More Benefits
Cost
- Fees can be zero
- Interest is charged only on the funds that you use
- Floating Rate at Prime +2.5% or +3%
Terms
- No limit on how much of the line can be used for SPEC
- No interest on interest
- No prepayment penalties
- No required reserve accounts
- Revolving: Borrow and re-borrow funds
Size
- 100% LTC possible
- TRANSPARENT: online estimator
Reliability
- We are a “direct lender”
- We use our own balance sheet to fund
- SPECIALIZED: Our focus is squarely on SPEC and INVESTMENT properties
Service
- Dedicated loan representative
- Upfront approval target is valuation +2 business days
- Same day draws possible