100% LTC available
Ground-up construction. Up to 100% of AD&C all-in-one. For professional builders wanting to lcok in pricing and terms for 5 years. Compare us against any hard money loan or any bank program.
Limited Fees, Floating Rate
Defer Interest Payments
Same Day Draws Possible
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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 | Total fees limited to 2.5% of line size |
| 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
- Limited fees
- Interest is charged only on the funds that you use
- Floating Rate at Prime +1% to +3%
- No interest on interest
Terms
- No limit on how much of the line can be used for SPEC
- No prepayment penalties
- No required reserve accounts
- Revolving: Borrow and re-borrow funds
Size
- 100% LTC possible
- TRANSPARENT: online estimator
- Defer interest payments up to six months
Service
- Dedicated loan representative
- Upfront approval target is valuation +2 business days
- Same day draws possible