Credit Limit Solutions:
A developer has reached his commercial bank credit limit
with the purchase of his buildable land. He now needs
to add value on each lot by constructing a single-family
home for resale. His original bank has told him that
he cannot borrow anymore; therefore he must approach
a local mortgage broker in search of a solution. Builders
Capital Mortgage will provide a solution for this broker.
Owner/Builder Solutions:
An owner/builder has applied to his bank for a construction
loan to build his dream home on a piece of land the he
has owned outright for 11 years. The value of the land
is $50,000, yet his bank won’t loan to him because
he has little or no building experience. He now must
go to a local mortgage broker who specializes in construction
lending in search of a solution. Builders Capital Mortgage
will provide a solution for this broker.
