Builder Backup Program
What is the builder backup program?
Builders and developers often need flexible financing solutions to transition from construction loans to long-term fixed-rate options. Our loan programs provide a way to secure stable financing, helping you manage holding costs and maintain financial flexibility until the market conditions are right for selling.
Program Highlights
Individual 30-Year Fixed Loan Options: DSCR, bank statement, and other non-QM programs available for your individual properties with competitive rates and low documentation requirements.
Blanket Loan Options: Finance multiple properties under one 30-year fixed loan for streamlined management and improved cash flow.
Refinancing Solutions: Transition from high-cost construction financing into lower interest rate fixed loans, allowing you to hold and rent properties until the market is favorable for selling.
Cash Out Options Available: Roll some of the existing equity into new projects and continue business operations.
Increased Profitability & Reduced Risk: Provides builders with an additional tool to optimize profits, lower carrying costs, and maintain financial flexibility.