Updated 9 months ago on . Most recent reply

Lender to offer low financing for new construction builds?
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
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Jay Hurst
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You just buy down the rate for the buyer. The cost to do this just comes out of the total profit margin.
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