Owner Builder Program

Bloged in Mortgage News/Info by Drew Friday February 29, 2008

Take charge of your project and lower your costs.

Hiring a contractor to build your home or help you remodel can cost thousands.  Our unique program allows you to manage your own project and act as your own general contractor - put the money you save toward moving expenses, furniture or anything you like. 

When you’re ready to build, we have the loan

  • Ground-up and major rehabs
  • Construction terms from 12 to 24 months
  • Loan amounts as high as 5 million dollars
  • No need to requalify when construction is complete.  The loan simply converts to permanent financing

To qualify, you must be a general contractor or retain the services of a site supervisor during construction period.  Site supervisor must have a minimum of two years experience in construction management.

Owner Builder Programs are available in the following states: Arizona, Florida, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri and Wisconsin.

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