Owner Builder Financing
So you’re wondering if you can receive financing as an Owner Builder?
An Owner Builder is anyone who wants to manage their own project. You can either hire a licensed General Contractor or hire licensed Sub – Contractors.
If you are a General Contractor and are looking to finance your own Speculation Construction projects, you are considered an Owner Builder.
If you plan on living in the property
your local banks will have the most favorable rates and terms. Our loans are designed for complicated or
unusual
transactions.
Q: What types of projects does Vanguard Funding Corp. finance for Owner Builders?
A:
Single Family Residences
Multi- Family Dwellings
Duplexes
Triplexes
Fourplexes
Apartments
Q: What are the guidelines for Owner Builder projects?
Gross Loan Amount |
Max Loan-To-Value |
$50,000 - $3,000,000 |
65% |
Loan Terms:
Prepayment penalty:
Vesting:
- Individuals
- Partnerships
- LLCs
- Corporations
- Trusts
To get started, tell us a little about your project, apply using our online application or contact a Vanguard team member today. |