Financing
OBA simply has the best Owner Builder financing in the industry! At
Owner Builder Alliance
we have done all the research
for you when it comes to Owner Builder financing. We are not mortgage
brokers (unlike most of our competitors), therefore, we are not monetarily motivated when it comes to your
loan. We are, however, committed that you get the best possible lender in the industry.
OBA's exclusive Lender's pre-qualification process is thorough to insure
that he/she gets you the best valued construction to permanent loan for
your project, NOT the highest paid brokerage fee.
Construction
loans provide financing for Land, ALL Materials and Labor, Permits, Fees, and Closing Cost! Here are a few
highlights of our lender's unique program (based on credit approval):
- Blueprints,
permit fees, etc. can be reimbursed at loan closing.
- No
"out-of-pocket" interest payments during construction (up
to 12 months).
- Construction
loans can modify into permanent mortgages!
- Draw
schedules and budget adherence!
- Interest
reserve!
- Contingency
reserve for budget overages!
- Professional
and personal Mortgage Loan Officers who have pioneered Owner
Builder financing!
Our lender has helped thousands of owner builders get the home they deserve. They know the true meaning of Mortgage
Finance Customer Service. Once we have submitted your full application to our lender for pre-qualification, we can usually have you an answer in
4 to 5 business days. This pre-qualification is based on information you provide. It is imperative that this information be accurate and
as detailed as possible. Remember, we are here to help with every aspect of the process.