Wholesale Private Lending for Construction Projects
Your Client. Our Capital. Everyone Wins.
Builders Capital is a private capital fund with over $3B in available capital to lend. Mortgage brokers and private/hard money lenders can use our capital and expertise in ground-up construction projects to close more deals nationwide.
- WHITE LABELING – Easily use our collateral with your logo
- QUICK APPROVALS – Time is money; We move fast so you can too
- RESPONSIVE COMMUNICATION – Someone is always available to help
- DEVELOPMENT TO VERTICAL – Loans from $250K to $30MM
- INTEGRITY & PROTECTION – We protect your relationships with the clients
- BROKER PORTAL – Manage your pipeline and track the status of deals
- FAST DRAWS – Funded in 5 days or less
As a wholesale lender, we want to help you bring your business to the next level. We want to share our resources so you can go to your clients with confidence that you can get their deal closed.
As Broker, you are our client. Our promise to you is that we will work as a team to close each deal with diligence and attention to detail. We want to ensure that your relationship with the client remains our top priority.
We consider investment properties in all states except Arkansas, Louisiana, Mississippi and New York.
Here’s How it Works….
- Inquire – Contact the BC Wholesale team to discuss our loan options and pricing. We put our innovative, creative structure to work for you!
- Apply – Create a loan application and secure financing for your clients next project right away!
- Gather – Gather your initial loan documents while the BC Wholesale team structures your loan to deliver the results you need.
- Initial Underwriting – The underwriting team will review and validate your initial loan submission, to help get you an answer quickly.
- Loan Committee – Every loan is reviewed and signed off by Loan Committee, the three principals of Builders Capital with background in lending, development and construction.
- Commitment – With assurance from underwriting and Loan Committee, you can finish providing the final pieces of the project details and credit documentation.
- Closing – We coordinate a smooth closing with your client without any added hassle for you.
- Service – Our experienced staff will work with your clients to order inspections, fund project draws, and facilitate an efficient, speedy lending experience.
“Our product suite is extensive and covers just about any need for residential construction. All the way from simple bridge loans through complex subdivisions, our products prove to be a huge win for the builder community. On top of that, we have a very experienced customer service oriented team of people. They are excited to dive in and create personalized loan structures that meet the unique needs of each project. We rely on our team’s years of experience in this industry to problem solve and think outside of the box to help our clients get their projects funded.”
– Mark Woodbridge, National Director of Wholesale
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Residential Fix & Flip
Residential Rehab & Hold
Residential Construction
Loan offerings should fit your project’s needs. Not the other way around. We have a wide range of loan offerings that are perfect to help you get the job done!
ALL-IN-ONE LOANS (Horizontal + Vertical)
Financing for entitled land acquisitions, horizontal lot development and vertical construction.
- Term
- Horizontal: Up to 12 months for horizontal portion
- Vertical: Up to 12 months for vertical portion
- Purpose: Purchase or Refinance
- Permits, preliminary plat approval and engineered stamped plans required
- LTV
- Horizontal: Up to 60% (based on finished value)
- Vertical: 65% (based on as-repaired value)
- LTC
- Horizontal: Deal specific, target 80% LTC
- Vertical: Up to 90% (based on cost to build with development costs)
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Interest Reserve or monthly payments
- Property Type
- Horizontal: Entitled land with zoning in place
- Vertical: Single Family, 2-4 Units, Condos, Townhouses
- Borrower Experience: Proven track record with a similar scope project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Reserve calculation is based upon 5% of the committed loan amount
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- Construction draws based on inspection report
- No rural properties
- 1st Lien Position at all times
- Max development budget 30% of total budget per project
- Exit fee if vertical does not get built
- Documentation Requirements to Get Started
- Signed Loan Application
- Most recent two months bank statements for each guarantor and the Borrower (LLC or Corp)
- Most recent two years tax returns for each guarantor and the Borrower (LLC or Corp)
- Purchase & Sale Agreement w/ all Addendums (if purchase)
- Engineered Construction Plans
- Preliminary Construction Plans (if Engineered plans unavailable)
- Breakdown of Costs Paid into Project
- Documentation Requirements to Get Funded
- Borrower/Guarantor Resume – Highlight projects in last 24 months
- Borrower Legal Filing Documents
- Operating Agreement & Certificate of Formation (LLC)
- Articles of Incorporation & Bylaws (Corporation)
- Builder Resume – Website or short writeup
- Preferred Insurance & Title/Escrow Agent
- Builder Material Specifications (Spec Sheet)
- Final Plat Approval from Jurisdiction (or Approval Letter)
- Final Stamped Engineered Plans for Development work
- Contract with Builder for Development Work
- Breakdown of Costs Paid into Project
- Purchase & Sale Agreement w/ all Addendums (if purchase)
CONSTRUCTION LOANS (Vertical)
Financing for vertical construction. Available for one property or one loan for up to 10 properties.
- Term: Up to 18 months, per property (budget)
- Purpose: Purchase, refinance or cash-out refinance
- LTV: Up to 65% (based on as-improved value)
- LTC: Up to 90% (based on cost to build)
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Interest Reserve or monthly payments
- Total Units: No limit on units per loan
- Funds at Closing: For purchase (if not already owned), and reimbursement of work in progress (if approved)
- Property Type: Single Family, 2-4 Units, Condos, and Townhouses
- Borrower Experience
- Must have built and sold the same number of units or more, minimum 40 in the last 18 months
- Example: Borrower applying for a 3-unit loan must show 3 completed and sold projects in the last rolling 12 months.
- Proven track record with a similar scop project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Borrower / Guarantor must demonstrate a minimum aggregate 5% liquidity relative to all BC committed loans
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- Construction draws based on inspection report
- No rural properties
- Apartment and Development-only loans not allowed
- 1st Lien Position at all times
- Documentation Requirements to Get Started
- Signed Loan Application
- Most recent two months bank statements for each guarantor and the Borrower (LLC or Corp)
- Most recent two years tax returns for each guarantor and the Borrower (LLC or Corp)
- Purchase & Sale Agreement w/ all Addendums (if purchase)
- Engineered Construction Plans
- Breakdown of Costs Paid into Project
- Documentation Requirements to Get Funded
- Builder Resume – Website or short writeup
- Builder Material Specifications (Spec Sheet)
- Project Budget(s) on Builders Capital’s Budget Template
- Preferred Insurance & Title/Escrow Agents
FIX & FLIP LOANS
Renovate an existing structure for a quick flip. Available for residential properties only.
- Term: Up to 18 months, per property (budget)
- Purpose: Purchase or refinance with Renovation
- LTV: Up to 75% (based on as-improved value)
- LTC: Up to 95% (based on cost to build)
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Interest Reserve or monthly payments
- Total Units: No limit on units per loan
- Funds at Closing: For purchase (if not already owned), and reimbursement of work in progress (if approved)
- Property Type: Single Family, 2-4 Units, Condos, and Townhouses
- Borrower Experience
- Must have built and sold the same number of units or more
- Example: Borrower applying for a 3-unit loan must show 3 completed and sold projects in the last rolling 12 months.
- Proven track record with a similar scope project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Reserve calculation is based upon 5% of the committed loan amount
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- Construction draws based on inspection report
- No rural properties
- Apartment and Development-only loans not allowed
- 1st Lien Position at all times
- Documentation Requirements to Get Started
- Signed Estimated Loan Terms
- Completed Loan Application
- Borrower/Guarantor Resume
- Purchase and Sale Agreement w/ All Addendums (if Purchase)
- Scope of Work
- Preferred Title Insurance Company & Contact
- Preferred Insurance Company & Contact
- Breakdown of Costs Already Paid into Project, if applicable
- Documentation Requirements to Get Funded
- Most Recent Two Months Bank Statements
- Most Recent Two Years Tax Returns
- Borrower Entity Documents and Appropriate Business Licenses
- Builder Material Specs
- Project Budgets on Builders Capital Budget Template
- Contractor Agreement (if using a 3rd Party GC)
BRIDGE LOANS
Secure your next project while you finalize permits or plans. Financing for the existing structure or location.
- Term: Up to 12 months, per property (budget)
- Purpose: Purchase, refinance, or cash-out refinance
- LTV: Up to 75% (built) “as is” value 60$ entitled land
- Loan Size:
- Minimum $500,000
- Maximum $3M/unit | $15M/loan | $50M/project
- Payments: Monthly interest payments required
- Funds at Closing: Budget allowed for finished work up to 15%. Cash out allowed if within LTV requirements
- Property Type: Single Family, 2-4 Units, Condos, and Townhouses
- Borrower Experience
- Proven track record with a similar scope project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 660 credit score, 620-659 considered with compensating factors
- Reserve Requirement: Borrower / Guarantor must demonstrate a minimum aggregate 5% liquidity relative to all BC committed loans
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- No rural properties
- Unentitled land not allowed
- Multiple Units allowed
- Apartment and Development-only loans not allowed
- 1st Lien Position at all times
- Budget allowed up wot 15% of the ARV
- Documentation Requirements to Get Started
- Signed Estimated Loan Terms
- Completed Loan Application
- Borrower/Guarantor Resume
- Purchase and Sale Agreement w/ All Addendums (if Purchase)
- Preferred Title Insurance Company & Contact
- Preferred Insurance Company & Contact
- Breakdown of Costs Already Paid into Project, if applicable
- Documentation Requirements to Get Funded
- Most Recent Two Months Bank Statements
- Most Recent Two Years Tax Returns
- Borrower Entity Documents and Appropriate Business Licenses
The WRAP By Builders Capital
Warehouse Revolving Asset Pool Revolving capital without additional origination fees for 24 months.
- Term: 24 months with option to renew at 12 months
- Purpose: Development, lot bank or vertical construction
- LTV: Up to 65% (based on as-improved value)
- LTC: Up to 85% (based on cost to build)
- Loan Size:
- $5M – $50M
- Maximum: $3M per Property/Lot | $15M per allocation/$30M ** Condo
- Payments: Monthly interest payments or interest reserve
- Funds at Closing: Cash out allowed if within LTV requirements
- Property Type: Entitled land, Single Family, 2-4 Units, Condos, and Townhouses
- Borrower Experience
- Proven track record with a similar scope project
- Borrower Requirements
- No individuals, must be a corporation or LLC
- Minimum 700 credit score considered with compensating factors
- Reserve Requirement: Borrower / Guarantor must demonstrate a minimum aggregate 5% liquidity relative to all BC committed loans
- Personal Guarantee Preferred: Limited guarantee on case-by-case basis
- Quarterly/Annual covenants
- **Concentration limit per guarantor is %50M on total portfolio
- General Requirements
- All lending for investment purpose only
- Interest calculated on drawn balance
- Construction draws based on inspection report
- No rural properties
- 1st Lien Position at all times
- Available capital is reused as many times as you can use it throughout the Revolving period
- Convert Development to Vertical without additional credit qualifications
- All loans to include a 15% Temporary Reserve Capacity for unplanned needs
- Documentation Requirements to Get Started
- Signed Estimated Loan Terms
- Completed Loan Application
- Borrower/Guarantor Resume
- Completed Builders Capital WRAP Project Questionnaire
- Construction Site Plan, Elevation Drawings, Floor Plans (including dimensions) and plat map (if necessary)
- Preferred Title Insurance Company & Contact
- Preferred Insurance Company & Contact
- Breakdown of Costs Already Paid into Project, if applicable
- Builder Resume (if different from Borrower/Guarantor Resume)
- Description of Permit Status
- Documentation Requirements to Get Funded
- Most Recent Two Months Bank Statements
- Most Recent Two Years Tax Returns
- Borrower Entity Documents and Appropriate Business Licenses
- Project Documentation Varies Based on Scope of Work Performed under the facility
Property Types
- 2-4 Units Residential
- Commercial Land
- Condominium
- Portfolio of Residential Properties
- Residential Land
- Single Family Residence
Loan Types
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
Specialty Loan Types
- Condo Conversion
- Land Development
- Luxury Homes
- Subdivisions
- Vacation Rental
Description
Developer must have 40% cash down payment for land acquisition. We can also use equity in another investment property.
Land Types Considered
- Residential Land
Will Consider Land That is NOT Entitled
noExisting Land Improvements Required
- Street Access
- Electricity
- Gas
- Water
Max LTV for Land
60%Max LTC for Land Acquisition
60%Max Loan-to-Purchase Price
85%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
1Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
95%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
2Maximum After Repair Value
75%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
1Max LTC for Ground-Up Construction Costs
90%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
noFees which are mandatory for all new borrower clients
- Underwriting Fee
- Appraisal Fee
- Escrow Fee
- Credit Report Fee
Contact Builders Capital
Stay Informed About Private Lending
Builders Capital (BC) was founded by Curt Altig and Robert Hadley in 2009. As of early 2021, our origination volume is on pace to surpass the projected goal of $1.4 billion. Technology rollouts continue to optimize the performance for internal team members and create a best in class experience for Borrowers. Market expansion continues as BC continues to capture national market share.
- Overall Lending: $6 Billion
- Active Loans $3.5 Billion
- New Capital Available: $700 Million
Our Values
- Speed
Speed and Execution towards closing your loan on time. - Creativity
Creative financing structures that allow you to operate your business efficiently. - Confidence
We have funded thousands of loans and nearly $2.5B in volume. - Flexible
We underwrite your loans based on absorption in your project versus arbitrary restrictions from government regulated banks. - Technology
State of the art technology allowing 24 hour access to your loan details, draws, etc. - Convenience
Anytime draws allowing you to pay your vendors as often as you would like. - Dedication
A dedicated team of relationship experts who are with you from application to payoff. - Committed
Your loan servicing stays with us so we can continue to support your business post-closing.
Mortgage Licensing for Construction Loan Services LLC and Construction Loan Services II, LLC – DBA Builders Capital:
- NMLS ID #1453731
- NMLS ID #1829563
- California CFL License 60DBO-131043
- Idaho Mortgage Broker/Lender License – MLB-2081829563
- Minnesota License MN-MO-1829563
- Oregon Mortgage Lending License – ML-5869
Office Locations
1019 39th Ave SE, Suite 220, Puyallup, Washington 98374Our Team
Contact Builders Capital
Stay Informed About Private Lending

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Contact Builders Capital by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$500,000
What We Do
- Single or Multiple Residential Properties
- Horizontal + Vertical Construction Loans
- Rehab Fix & Fip Loans
- Lending to Experienced Investors/Builders
- Warehouse Revolving Asset Credit Line
- Loan Amounts up to $15M
Not Available
- NO 100% Financing
- NO Rural Locations
- NO Primary Residences
- NO Inexperienced Builders/Rehabbers
- NO Multifamily or Commercial Properties
- NO Rental Exist Strategy