Owner Builder Construction Loans
Owner builder construction loans are for families planning to be their own builder to save money. Owner builders are also qualified licensed builders or contractors that want a construction loan that allows them to be their own homebuilder.
Construction to Perm, Owner Builder with License.
If you are a licensed contractor in the home building business such as an electrician, plumber, framer, etc most of our best lenders/banks provide construction to perm loans 1/1, 2/1, 3/1, 5/1, 7/1, and 10/1 ARM's.
The home that you are building will need to be your primary new home and to qualify as owner builder you must also provide references and trade references.
Construction to Perm, Owner Builder with Supervisor.
If you hire a licensed contractor as your project manager on your new home, this construction to perm construction loan allows you to qualify as owner builder. Our best banks/lenders provide construction to perm loans for 1/1, 2/1, 3/1, 5/1, 7/1, and 10/1 ARM's.
The above loans are available for qualifying as full documentation only. Call for details.