| Author |
Previous Topic | Next Topic |
|
fasterdamitt
54 Posts |
 Posted - 06/25/2008 : 11:14:48 AM
|
I'm having a difficult time finding a Owner Builder Lender where the owner can be the contractor to build his own home. Any help is appreciated.
Tom |
|
natetheskate
340 Posts |
Posted - 06/25/2008 : 11:19:17 AM
|
| Try a local bank and do the take yourself... |
|
|
kjake41
184 Posts |
Posted - 06/25/2008 : 11:21:11 AM
|
Tom,
here is MI is a company named Marfalx that allows home builders. Their # is 734-665-7070.
Also, I believe Greenpath is a nationwide company that also allows it.
good luck
Ken |
|
|
fasterdamitt
54 Posts |
Posted - 06/25/2008 : 11:34:53 AM
|
quote:
Originally posted by natetheskate
Try a local bank and do the take yourself...
How would I do that? |
|
|
fasterdamitt
54 Posts |
Posted - 06/25/2008 : 11:35:31 AM
|
| Thanks Ken. |
|
|
fasterdamitt
54 Posts |
Posted - 06/25/2008 : 11:42:28 AM
|
quote:
Originally posted by kjake41
Tom,
here is MI is a company named Marfalx that allows home builders. Their # is 734-665-7070.
Also, I believe Greenpath is a nationwide company that also allows it.
good luck
Ken
I think they both are gone. Marfalx phone is disconnected and I can't fine either on the web. |
|
|
aaron1976
581 Posts |
Posted - 06/25/2008 : 7:33:13 PM
|
This sounds like a hard money deal. Call me for help.
Aaron Cirlin
818-590-4288
aaronc1976@hotmail.com
|
|
|
timjarvis
108 Posts |
Posted - 06/26/2008 : 09:37:03 AM
|
We can do it at Prime - .5% if full doc, and the contractor is clearly building his own home (not spec). Tim Jarvis 800-846-2771
www.e-constructionloans.com |
|
|
fasterdamitt
54 Posts |
Posted - 06/26/2008 : 09:44:09 AM
|
| There is no contrator, does it still work with you Tim? This is a owner builder project. Indymac was an industry leader in this a long time ago. |
|
|
timjarvis
108 Posts |
Posted - 06/26/2008 : 1:50:30 PM
|
| Has to be a contractor to go FD owner builder. Tim Jarvis |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
