Owner Builder Construction Loans
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 for 30 year fixed, 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 provide references and trade references.
Construction to Perm, Owner Builder with Supervisor.
This construction to perm construction loan allows you to qualify as owner builder if you hire a licensed contractor as your supervisor on your new home. Our best lenders/banks provide construction to perm loans for 30 year fixed, 3/1, 5/1, 7/1, and 10/1 ARM's.
Construction Loan, Owner Builder, 6 to 9 Month, Credit Score 580 or Higher.
This construction only loan allows you to be owner builder with credit scores of 580 or higher. This no doc construction loan requires that you have at least 15% cash equity in the project with loan amounts of $600,000 or lower.
The above loans are available for qualifying as full documentation, stated income, no ratio and reduced documentation. Call for details.
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