FINANCING OPTIONS

Finance Lender One

Construction/Permanent Mortgages

Up to 12 months for construction with interest-only payments that converts to permanent financing. It's like two loans in one! All loans are subject to credit approval.

  • Construction Loan

    Ground-up build. Includes purchase of the property or use the equity the borrower has within their own land if it's already owned.

  • Renovation Loan

    Appraise the house subject to the renovations that are to be completed and lend based on the "subject to" value.

  • HELOC Loan

    Home equity lines of credit are good for borrowers who have equity within their home and want to take some of that equity out in order to do projects around the house.

  • Rehab Loan

    Projects must be over $10,000.

Finance Lender Two

All loans are subject to credit approval.

  • Construction Loan
    • The Construction-to-Payment loan program can save you time and money
    • Interest-only payments on the outstanding balance of thecredit line helps reduce costs
    • Flexible draw schedule based on construction timeline
  • Renovation Loan
    • For expanding and updating your current home
    • Financing is structured to pay off your existing mortgage and fund the cost of renovation
  • Bridge Financing
    • Temporary financing that enables you to access the equity in your current home prior to its sale to help with the purchase of a new home

Benefits of Choosing Alternative Building Concepts Inc. for Home Project Financing

Competitive rates and terms with down payments as low as 5%

Purchase or payoff

the lot at closing

Interest charged only on the outstanding balance during construction

Available as a

jumbo mortgage

Interest rate locked during the construction period

Loan Types: 5/1 ARM, 7/1 ARM, 10/1 ARM, 15/1 ARM or a fixed rate