Builder Finance

VantageSouth Bank Builder Finance serves the professional residential construction industry in the Carolinas and Virginia with experience in every aspect of construction and development lending.  While offering traditional lending products, we target markets with proven demand and customers who value a full banking relationship with a lender that supports their industry.

Products offered include:

• Construction lines of credit for presold and speculative homes
• Short-term lot loan facilities
• Acquisition and development loans for presold communities

Qualifications required include:

• A successful track record of at least three complete years
• Proven construction and sales expertise
• Acceptable inventory
• Satisfactory corporate and/or personal financial statements
• Financial strength to carry inventory and cover cost overruns
• Acceptable credit history
• Personal guaranty of all loans
  

To learn more about VantageSouth Bank Builder Finance, please contact: