Better Business Lenders, Inc. offers a complete range of financing options for developers and home builders.

About Us

Builder Pre-Sold

image29

 We offer better LTV when a builder has a home sold (or a custom home being built). 

  • Loan amounts from $100,000 to $2,500,000
  • Loan amounts up to 75% of the contract price on conforming loan amounts, otherwise up to 70% of contract price. (Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts)
  • Land purchase may be included in the construction loan. Please call for a quote.
  • Full and Limited Documentation programs available
  • Fast pre-qualification, typically within 3 to 5 business days
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible draw schedules
  • 1 to 4 family homes preferred, see Multi-Family for more than 4 units
  • 12 month construction term (longer terms considered on an exception basis)
  • Interest only payments based on funds advanced
  • New Builders will be considered

Loans available in the following states: AK, AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WY 

Generate Builder Model/Spec

image30

 We offer financing for builders to put up spec homes or models. 

  • Loan amounts from $100,000 to $2,500,000
  • Loan amounts up to 60% of the appraised value (Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts)
  • Land purchase may be included in the construction loan. Please call for a quote.
  • Full and Limited Documentation programs available
  • Fast pre-qualification, typically within 3 to 5 business days
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible draw schedules
  • 1 to 4 family homes preferred, see Multi-Family for more than 4 units
  • 12 month construction term (longer terms considered on an exception basis)
  • Interest only payments based on funds advanced
  • New Builders will be considered

Loans available in the following states: AK, AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WY 

Development Financing

image31

Give customers a reason to do business with you. Our development loans are designed to help developers purchase land and build infrastructure to ready the land for construction of homes. 

  • Loan amounts from $100,000 to $1,000,000
  • Loan amount up to 50% of the appraised value, not to exceed 70% loan to cost (loan to value could be less subject to a full underwriting and market review of the project)
  • Land purchase up to 55% of the purchase price. (Cross collateralization allowed on other properties, if needed, for maximum loan amounts)
  • Loans available to qualified Developers with less than 5 years experience
  • Fast pre-qualification, typically between 3 to 5 business days
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible draw schedules
  • Up to 3 year terms available
  • Interest only payments based on funds drawn

Loans available in the following states: AK, AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WY 

Contact Us

Drop us a line!

Better yet, see us in person!

If you are in the Miami area, drop us a line and let's have a cortadito and chat!

Better Business Lenders Construction Financing

(888) 348-1778

Hours

Monday - Friday: 9am - 5pm

Saturday: By appointment

Sunday: Closed