Homebuilder Finance
Our financial experts design interim construction and residential development financing solutions for production homebuilders and land developers alike.
Comprehensive financing for residential developments.
At First Commercial Bank, we specialize in creating residential construction lending solutions for homebuilders and land developers. With our strategic approach and an extensive network of relationship managers covering all 50 states, we can serve nearly every market within the U.S. Our lenders pride themselves on fast underwriting, timely draws, and quick payoff quotes, ensuring that each financing process is expedient and efficient.
An essential part of our process is designing a full-service experience for developers or production homebuilders financing new construction. Our integrated business model uniquely allows us to offer mortgage origination, a top-5 national warehouse lending program, and an entire spread of commercial banking services to answer any needs you may have. When you have First Commercial Bank’s homebuilder finance team on your side, our experience and wealth of financial services are your competitive edge.
Our homebuilder finance services include:
Construction Lines of Credit
From revolving lines of credit to more complex borrowing base facilities, First Commercial Bank will help you identify the best fit for your particular project. Our bankers utilize our competitively priced lines for developed lot financing, as well as sold, spec, and model home construction.
Finished Lot Facilities
Our lending experts will tailor lines of credit designed to your exact specifications. We can also modify your existing line or create an entirely new one.
Land Acquisition and Development Facilities
From single-phase development to larger planned communities, we can provide a customized land acquisition financing solution to meet any demand. We can also provide short-term bridge financing for acquiring land that will roll into development.