Builders Capital LTD is a Texas company created to provide interim construction loans to builders and homeowners. Through its partnership with local suppliers in each market, Builders Capital is able to offer efficient, cost effective construction funding.
 

• No inspection fees

• No credit check fees

• Closing cost can be rolled into the loan and paid from the first draw

• Quick response, simple streamline loan process.

• Construction draws normally dispersed within 48 hours of request

• Loan Limits

  • $175,000 per house
  • $350,000 per builder
     

• Loan-To-Value

  • Up to 90% of the land value
  • 100% of scheduled construction cost up to 90% of final appraised value

• Pre-Construction Appraisals

  • Required on all owner / builder jobs
  • Required on first job that builder constructs in new (or different) neighborhood
     

• Legal Instrument Conveying First Lien Status

• Current Credit Report

• Signed Commitment Letter from approved mortgage company

To inquire about Interim Construction Financing call our offices @ (903) 759-0736 ext. 2104

Click here to fill out online form or download the form and fax to us at 903-759-1406.