Construction Advisors, Construction Lending Division
 
 
 
No Upfront Cost. No credit Checks.
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   banks
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  VS using a general contractor
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   construction loan
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   construction loans
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   up our own construction
   loan program(s)
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    Advisors network of lenders
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    About Us
 
Construction Advisors is comprised of a diversified team of professionals with decades of experience in the construction banking and home construction fields.  Our professionals are dedicated to bringing forth top notch banking options while assisting our clients through the rigors of the challenging construction process.  Our staff truly provides the experience you can bank on.
 
How we compare to other industry professionals
 
  Mortgage
Loan Broker
Bank Loan Advisor Construction Draw Department Contractor
Average cost for services 1-2% Origination -- PLUS 1-2% YSP kickback from bank 0.5%-2% Origination and/or discount points --PLUS 1% SRP kickback from bank N/A 10-25% of construction costs 0.5-2% of amount --NO YSP or SRP kickback from bank
Number of Construction Loan Products in Network

5-10 Products

1-3 Products

N/A

No products – they refer you to other professionals

50-100 Products

You choose from Multiple Construction Loan Products to create more competitive rates

N/A

You choose from Multiple products leading to higher percentage of prequalification to approval conversions

N/A

Typically has at least 10 years of construction experience

Advises you on origination process of Construction Loan

Pulls credit and reduces your score just to give you rates and information

Advises you on design stage of home building process

Performs project feasibility analysis to determine likelihood of successful loan completion before you get started; saving time and money.

Advises you on bidding stage of home building process

Reviews bids and recommends ways to save money

Advises you on preparing submission of Construction Loan Package to bank underwriter

Makes submission to bank underwriter on your behalf

Advises you on getting a good appraisal

Advises you on giving the underwriter what is needed

Advises you on loan closing

Advises you on Title company costs

Advises you on scheduling construction startup

Advises you on construction draws after loan is closed

Advises you on all construction work performed on site

Advises you on modifying your construction loan to a permanent mortgage

Offers checking and savings accounts

Offers investing and retirement account services

Offers credit cards