Buildmax ...We're building dreams

100 Percent Construction Loan Financing
  • No money down
  • No upfront fees required
  • No payments while you build
 
 

                                      

 

Act as your own General Contractor & Save Thousands

Imagine saving $25K to $70K on your next homebuilding project. You could. BuildMax offers the nation's most flexible owner-builder program - one that has saved many families thousands of dollars.

Our program offers individuals the opportunity to SAVE thousands of dollars acting as the general contractor in the building of their own home. We do this by providing our clients 100% financing on land, materials, labor, permits, fees, closing costs & NO payments for 12 months while you build. You have full control over your homebuilding project. You choose any home plan you desire. You purchase materials from any source or any local lumber company. You hire the sub-contractors, use friends and relatives or take on projects yourself. The harder you work the more money you save.

What we offer

1.       We offer a source of funding for construction loans without you having to use a general contractor. Our lenders are unique to this industry as it is virtually impossible to find this type of funding from your local bank or mortgage company. 100% financing* for land, materials, labor, permits/fees & NO payments while you build. 
 

2.       We offer twelve months of "Construction Support" while you build. 75% of our customers have never built a home. To help you succeed, we will help you make decisions along the way. We will be there from start to finish (via the phone) ready to do anything from helping you with your initial budget, choosing land, selecting a home plan and giving advice on sub-contractor bids to making draw requests for your money. Most of our clients experience a 15% to 30% savings by using this program.

 

 

 

Financing Your New Home Through Our Owner-Builder Program. 

Financing is the foundation of the owner-builder plan. That's why we're providing this special section that spells out the "nuts and bolts" of the financing plans available. Please read it carefully. 

A Review of How Owner-Builder Programs Make Home Ownership Possible for You Right Now 

  • Without a large down payment or a perfect credit history, our lenders can finance the construction of your new home and your land purchase. 
  • You keep construction costs low by acting as project manager and doing some of the work yourself. 
  • Our owner-builder program provides you with construction support throughout the process. Because of this, your finished home can be worth more on the market than it cost you to build it. The difference between what you spent and what the home is worth is "equity". 
  • Equity can take the place of a large down payment, and then you can obtain permanent financing -- a mortgage -- from a bank or other lending institution. 
  • You use the money the bank loans you to pay back the money you borrowed on your construction loan. 

Financing Your Land 

  • Getting a loan to buy land isn't easy. In fact, many lending institutions won't loan money for land at all. 
  • Those that do, often require a down payment equal to half the land's value. That's money you could use to build your home! 
  • As part of our owner-builder program, buyers are not required to put any money down to buy or pay off their land. 
  • Our unique approach of offering a combination package of land and construction financing is what will make home ownership possible for you. 

The Main Advantages of Owner-Builder Financing: 
Financing Basics 

We make it easy and convenient for you to pay for land, materials and labor for your new home. Once you qualify as part of our program, we can offer: 

  • 100 percent financing on your land. 
  • 100 percent financing on materials. 
  • 100 percent financing on labor to build your new home. 
  • 100 percent for closing costs, permits & fees. 
  • Permanent financing*

Most conventional lenders require 5% - 20% down on full purchase price. 

  • Example -- A $200,000 home: 20% = $40,000 down payment 
  • Example, our owner-builder program -- $200,000: $0 down payment* 

 *Permanent financing available upon completion of your home, by various lenders. 

Financing the Construction of Your Home 

Our construction financing program offers you these advantages: 

  • Plenty of time to build your home 
  • The funds you need to finance your land, materials and labor 

Permanent Financing 

  • You've worked hard to build your new home. You've saved thousands of dollars by acting as the on-site project manager, eliminating the expense of the general contractor. Now you have equity in your completed home, equity for a down payment to obtain permanent financing. 
  • You'll need a mortgage when your home is completed. 
  • Our lenders want your mortgage business and can make a permanent mortgage available to you. But you also have the option of going to another lender. 
  • We can offer you confidence, because once you've been accepted for a permanent mortgage with us, you'll start your new life on firm financial ground. 

BuildMax provides no guarantee of equity for any particular situation or for particular customers. 

Our Financing Benefits

100% Financing* for Owner/Builders 

  • Financing land, materials, labor, permits, fees & closing costs. 

  • Low construction rates 

  • Competitive permanent rates 

  • Owner/Contractor; no General Contractor license required 

  • NO payments while you build!! 

  • 12 month construction loans 

  • 10/15/20/30 year fixed rate mortgages & adjustable plans 

  • One-time closing ( construction to permanent loan all in one) 

  • Land payoffs & purchases included in construction loan 

  • 24 hour pre-approval 

  • Fast closings 

  • Sale of current home not required to start building