UTAH NEW CONSTRUCTION SPEC LOAN

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Builder Spec Construction Loans and Lines of Credit Hippo Financial has been helping build the communities it serves for the past 6 years. We have made an impact, and our construction lending division is one of the most exciting and fastest growing products of our company.

It’s typically harder to get a construction loan than a regular mortgage. You’ll need to shop around, using a construction loan broker if necessary. Hire a builder with a strong reputation and gather required paperwork for your loan application. If approved, you only have to pay interest on the loan during construction.

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Since a "spec loan" is a loan for a construction project without any committed buyers, it is inherently riskier than many other construction loans. Therefore you’ll maximize your chances of qualifying for the loan if you choose to build on a lot that isn’t completely undeveloped. In other words, the land needs to be "improved."

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Providing Construction Spec Loans & Pre-sold loans for new construction to small & medium sized home builders in the continental United States. 302-752-2688

Construction and Valuation. This page contains supplemental information and guidance from the Construction and Valuation Section (C&V) on VA Loan Guaranty program property requirements and appraisal issues.

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We Are The Utah Construction loan experts ron pippin is a local lender providing construction loans for new home construction, remodels, additions and rehab construction projects in Utah. Whether you’re a builder or a homeowner, Ron Pippin has the construction loan program you need.

Builder/Investor. SPEC Construction, Investment and Development Financing. As construction and financing professionals, we understand the importance of planning and preparation to the construction process, but even the most meticulously planned projects are guaranteed to have a few unexpected issues.

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