Builders Capital
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.
What are the Financing Benefits?
- No inspection fees
- No credit check fees
- Closing cost can be rolled into the loan and paid from the first draw
- Quick response with simple streamlined loan process
- Loan draws normally dispersed within 48 hours of request
- Loan Limits
- Up to $175,000 per house
- Up to $525,000 per builder
- Loan-To-Value
- Up to 90% of the land value
- 100% of scheduled construction cost up to 90% of final appraised value
What are the limits?
What are the Basic Requirements?
- 1. Current Credit Report of Borrower
2. Pre-Construction Appraisal
3. Signed Commitment Letter for long-term financing from approved mortgage company
4. Deed of Trust Conveying First Lien Status to BCL
To inquire about Interim Construction Financing, call our offices @ (903) 759-0736 ext. 2116
