Presold Construction Loans

At Builders Capital, we tailor our loan programs to fit the various needs of single family home builders in Washington state. Our Presold Construction Loans are made to qualified builders where the builder has a bona-fide contract from a homebuyer to purchase when construction is complete.

Program specs

Property Types:

• Single-family residences.
• 1 to 4 units.
• Non-rural.

Loan to Cost (LTC): 90% LTC.

Credit Score: 680 preferred.

Lot Acquisition: Finished lot purchase can be included; free and clear option available.

Terms: 6 to 9 months (extensions available).

Documentation Required: Full documentation required.

Builder: 5+ years of experience preferred.

Loan Amounts: $50,000 to $600,000

Looking for an option on a project that has not been presold? Check out our Spec Construction Loans.