SPEC HOME LOANS

Business loans to builders for the construction of a model or spec home

  •  Loan amounts from $75,000 to $4,000,000

  • Loan amounts up to 60% of the appraised value

(75%-80% LTCost;  LTValue reduction may apply based on loan;  pre-sold homes up to 75% contract price)

  • Land purchase may be included in the loan

  • Rates between 7.95% - 8.95%

(based on borrower qualifications) 

Thanks for choosing Kaiser Financial Services

Printable Loan Application PDF

Construction Builder Profile

Construction Cost Breakdown