We care about making the mortgage lending process as seamless as possible for our customers and business partners — and the construction process is no exception.
Why Work with Assured Capital Funding?
Our construction financing process is as easy for you as it is for your clients. Our construction loan covers the entire cost of the land, construction process, and permanent mortgage financing – and it requires just 5% down. Lot equity may be used.
Our Draw Process
Enjoy true flexibility by requesting draws as needed, without having to meet any set completion points.
Home Loans to Meet Your Clients' Needs
Not only do we offer ideal construction financing, we also have a wide variety of end loan options to cater to your client’s unique situation.
Our draw process is flexible, allowing you to request draws as needed without having to meet any set completion points.
DAY ONE
Signed request for advance is submitted;
Lien wavier provided; Inspection ordered;
Title company contacted to complete lien search
DAYS THREE-FIVE
Inspection completed & provided to lender;
Lender disburses draw to builder;
Can be wired directly
DAY ONE
Signed request for advance is submitted;
Lien wavier provided; Inspection ordered;
Title company contacted to complete lien search
DAYS THREE - FIVE
Inspection completed & provided to lender;
Lender disburses draw to builder;
Can be wired directly
DAY ONE
Lien wavier provided; Inspection ordered;
Title company contacted to complete lien search
DAYS THREE - FIVE
Inspection completed & provided to lender;
Lender disburses draw to builder;
Can be wired directly
When you’re ready for a draw, all you have to do is present a signed request for an advance and a lien waiver. Then, we’ll order an inspection and contact the title company to complete the lien search right away.
Once the title search is completed (and shows no liens are placed on the property) and we’ve received a report of the completed inspection, we’ll disburse the draw to you, the builder. This can be wired directly into your bank account. It’s that simple.
Our Single Loan Close Construction Program is a unique, affordable solution for homebuyers who haven’t quite found their dream home and are considering a custom build. With a down payment as low as 5%, your clients can create their dream home, even if their funds are not easily accessible.
The Assured Capital Funding
Construction Financing Process
STEP SEVEN
final inspection, title search, and Certificate of
Occupancy is provided
STEP SEVEN
final inspection, title search, and Certificate of
Occupancy is provided
STEP SEVEN
final inspection, title search, and Certificate of
Occupancy is provided
PERMANENT MORTGAGE FINANCING BEGINS
enjoy your new home!
End Loan Financing Options
If you have a client looking to move into an existing new construction or a home we did not finance the construction for, we offer a variety of end loan financing options. Plus, we can utilize aged documents up to 9 months (with 95% loan-to-value and a minimum credit score of 700 ), which means your clients won’t have to re-supply documentation.
All loan requests are subject to credit approval as well as specific loan program requirements and guidelines.
