Owner Builder Loans, LLC

Owner Builder Loans, LLC is family-owned, operated, and headquartered in Ann Arbor, Michigan. Our company was conceptualized through an observation of how other lenders were uninterested in assisting those who sought to help themselves, owner builders. Our founder was an Owner Builder himself years ago and utilized his knowledge of the construction process and his experience in the financial services industry to create a custom-tailored loan program to suit the needs of do-it-yourselfers. With over 40 years of owner builder construction lending experience, the Owner Builder Loans team is uniquely qualified to help our borrowers avoid the perils and pitfalls of home building. We have assisted over 3,000 Owner Builders successfully build dream homes, vacation homes, or investment properties. Having assisted over 3,000 owner builder projects, our construction loan has evolved to fit the specialized needs of both inexperienced and experienced do-it-yourselfers. Use our construction loan to finish construction which has already been started or to build from the ground up. Unlike many other lenders, we do not sell other building-related materials or services that we then require you to buy in order to obtain a loan with us. Simply put, you are the builder, we are the lender. Our construction loan can be used for conventional, kit or log home construction financing, and it allows you to self-build or hire a contractor to build your home. Additionally, borrowers can take up to 12-months to complete their homes and during that time they pay only monthly interest on the loan funds which they have drawn. If you finish early, great! We do not charge pre-payment penalties. If you find that you need additional time, we offer 3-month extensions to those who qualify. To find out more, please call us at 800-543-5600. We’ll be happy to answer all of your questions. You may also email us at any time at loan@ownerbuilderloans.com or send us a message today!