Residential Builder/Construction Loan Products and Services
Here is an overview of builder/Construction Loan Products and Services. All are designed to assist in home construction, sales and simplify construction management tasks:
Forward Commitment Options: Funding for consumer at a pre-negotiated interest rate that protects them from rate increases for up to 12 months.
Model Home Leasebacks: Sell your model homes to investors or owners who lease the property back to you for a specified time, allowing you to continue using the homes to sell the community’s remaining properties.
SpecMover: Offers homes at an attractive, locked rate for up to 180 days.
Bridge Loans: Construction financing that enables your homebuyers to use the equity in their existing homes to finance new construction, with up to 12 months to sell their home.
Home equity lines of credit: Financing for your homebuyers renovations, add-ons and other improvements.
One-Time Close: A combined new construction and mortgage loan, made directly to your customer so your own credit line remains free for other projects.
Mortgage Renovations Plus: A consumer home loan that features additional funds of up to $50,000 for financing renovations and repairs before move-in.