Owner Builder Loans

If you are planning on building your own home, or building a home for investment or resale, we offer loans with the flexibility to help you realize your dreams. Even if you have bad credit or will have trouble documenting your income, we will work with you to find a owner builder loan solution that meets your needs.

What Type of Owner Builder Loan is Right for You?

A “Construction-to-Permanent Financing” loan is actually two loans – the loan for construction financing and the mortgage that you will be pay when your home is built. A construction loan refers to a loan for the costs of construction only. The advantage of the construction to permanent financing loan is that there is only one set of closing costs and you have the security of having a mortgage in place.

Getting Approved for a Owner Builder Loan

To help you begin, we've created What You Need to Apply Checklists to let you know what information you'll need to apply for a regular mortgage. In addition to that information, in order to qualify for a construction loan, you will need to provide:

• Plans
• Specs
• Budget
• Receipts
• Permits

Even if you can’t provide the documentation necessary to verify your income, we will look at other indicators that will show your ability to make monthly mortgage payments. If you don’t have the money for a down payment, we offer 100% Loan to Value (“LTV”) mortgages. In other words, we’ll loan you 100% of your home’s appraised value.

Fast, Hassle-free Owner Builder Lending Solutions

Whatever your particular situation, we’ll work with you to meet your construction financing and mortgage needs. Start the process today by giving us a call at 1.866.733.7305. An expert loan consultant will be there to answer your questions in person from 9 a.m. to 7 p.m. (EST) Monday-Friday.