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SPEC HOME NEW CONSTRUCTION LOANS
I am more interested in the spec builder new construction loans. My brother Javier and business partner told me he heard Lending Network LLC offers land acquisition and construction loans that does not require a lot of red tape. Thank you.
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3 Replies
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Hi Julio,
This is true and thank you for reaching out on our Forums. I can talk to you about this and explain the process of how to acquire land and get financing for spec building or rehab. Here is an article I wrote last month giving some of the details on what you are asking. We also hold free webinars through out the week giving investors and builders access and explaining how the program works. Please see the article and then give me a call (Ronda 407-460-7999 or email me at ronda@gustancho.com) Looking forward to helping you! https://onesolutionrealestate.com/how-to-get-funds-for-an-investment-from-a-private-in-house-lender/
onesolutionrealestate.com
How to Get Funds for an Investment from a Private In-House Lender - One Solution Real Estate
How to Get Funds for an Investment from a Private In-House Lender
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Great information and informative article, Ronda.
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Spec Home New construction loans as offered by Lending Network, LLC, Building-Business Overview-Introduction
Lending Network LLC provides special loans for homemakers to build new homes on acquired land. These loans are meant to cut the bureaucracy that traditional lending encompasses and give the builders easy access to the funding required to start the projects. Overall, this streamlines the complexity and time loss associated with traditional lending.
Key Features of our Spec Home Loans Land Acquisition Financing: These are specific loans procured to buy land before construction. They ensure the land is available before beginning construction.
Construction Financing: New homes involve a number of expenses, such as materials, labor, and more. This is where the loan helps out.
Minimal Red Tape: Construction of new towers and houses is time-sensitive, and this is where we come in. The processes we have put in place are fully streamlined to assist and allow for little to no delays.
Flexible Terms: A wide range of loan terms, such as interest-only during construction and payment plans during the building, are available to suit the project’s requirements.
No Doc Options: Some accessibility to certain loans is offered for borrowers who are deemed eligible, allowing them to bypass documentation and receive quicker approvals.
Application Process
The following information is required to begin a Spec Home New construction loan. Prepare the following information.
Property Details: Location, dimensions, and zoning of the land.
Loan Amount: The amount needed to purchase the land and build the construction.
Project Timeline: The anticipated date when the construction will be started and when it will be completed.
Budget Breakdown: Complete construction budget analysis for construction materials and labor expenditures.
Builder Experience: Relevant data concerning the builder’s professional qualification and work done in the past.
Next Steps
Please contact us if you want to learn more about our special home construction loans or discuss your project.
Call or Text: 866-428-LOAN
Email: contact@lendingnetwork.org
We can help you navigate the financing process and achieve your construction goals! Thanks for your contact request. We can’t wait to assist you and your brother Javier with your projects.
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