Builder Benefits

Construction-to-Perm financing in today's market looks much different than it did a few years ago. Challenges for builders in the AD&C credit market have forced many builders to cut back or cease building until the credit markets recover.

With the Close It, Build It™ Loan from Weststar Mortgage, builders are able to rely on an alternate source of funding their building projects without seeking new or additional credit lines.

Expand your potential and free up your credit line for other projects - Loans are made directly to the homebuyer so you will have the flexibility and the capital to start new projects.

Qualify, Close then Complete - As lending guidelines continue to tighten, the risk of losing would-be buyers represents tremendous risks for builders today. With the Close It, Build It™ Loan, we qualify your buyers, close them, and then complete construction.

Buyer fallout becomes ancient history - That's right, just like Eight Tracks, Atari and Record Albums, worry over buyer fallout will become a thing of the past! The homebuyer owns the loan from the time they close - before you start construction. Once construction is complete, the loan will then roll into permanent financing.

Simplified Draw Process –When you submit for your draw, we will turn it around quickly.