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Updated 3 months ago on . Most recent reply

User Stats

49
Posts
8
Votes
Connor Williams
  • Buckley Wa
8
Votes |
49
Posts

Lender to offer low financing for new construction builds?

Connor Williams
  • Buckley Wa
Posted

I saw another builder local to me offering 4.99% financing. 
my question is how or who can offer financing like this on houses I build ? I am guessing there is either a preferred or in house lender with large amounts of credit to get to this? 

I want to learn more. 4.99% for buyers is a game changer selling 6 new construction houses 

Most Popular Reply

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1,576
Posts
1,053
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Jay Hurst
  • Lender
  • Dallas, TX
1,053
Votes |
1,576
Posts
Jay Hurst
  • Lender
  • Dallas, TX
Replied
Quote from @Connor Williams:

I saw another builder local to me offering 4.99% financing. 
my question is how or who can offer financing like this on houses I build ? I am guessing there is either a preferred or in house lender with large amounts of credit to get to this? 

I want to learn more. 4.99% for buyers is a game changer selling 6 new construction houses 


 You just buy down the rate for the buyer. The cost to do this just comes out of the total profit margin. 

  • Jay Hurst
business profile image
Hurst Real Estate, INC
4.9 stars
75 Reviews

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