Builder Pre-Sold Construction


This program is designed to provide a business loan for a Builder who has a contract to sell the home once the property is completed. Upon completion, Case Financial Services, LLC may be able to provide a permanent loan to the Buyer at a substantial discount on rates and fees.


Case Financial Services LLC:

  • Fast Pre-Qualification, typically within 3 to 5 business days
  • Flexible draw schedules
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible Underwriting
  • Deal directly with the Loan Officer/Underwriter
  • Land purchase may be included in the construction loan
  • Loans available to Builders with less than 4 years of building experience

Program Guidelines:

  • 1 to 4 family properties are eligible
  • Loan amounts from $75,000 to $2,000,000
  • Loan amounts up to 75%* of the contract price *on conforming loan amounts, otherwise up to 70% loan to value
  • 12 month term (Longer terms available on an exception basis)
  • Lot advance up to 75% of the lot purchase price
  • 1st mortgage position only
  • Interest only payments based on funds drawn
  • Full income documentation, self-employed, and limited documentation programs

Rates and Fees:

  • Rates: WSJ Prime plus 2.50% to Prime plus 3.50%.  Currently rate floors are in effect, please call for a quote.
  • Application Fee: $450
  • Loan Fee: 1.50% to 2.00% (based on overall qualifications)
  • Broker Fee: 2.00%




Documents required to submit a full application package by US Post or Electronic mail:

  1. Loan Submission Form
  2. Fully Complete and Signed 1003 application
  3. Tri-merge Credit Report for Borrower(s)
  4. Current month pay stubs if a W2 Employee
  5. 2 Years Tax Returns Including all Schedules and W2’s (if applicable)
  6. Asset Verification (2 Months statements for all accounts including checking, savings, 401k, IRA, Stocks, Other)
  7. Legible copy of a valid drivers license for Borrower(s)
  8. Verification of all down payments on the lot
  9. Deposits to the Builder (if applicable)
  10. Construction Cost Breakdown or signed and accepted Building Contract (use provided Cost Breakdown Form)
  11. Signed and accepted purchase contract on the lot or closing statement on the lot if already purchased.
  12. Survey Map, Plans and specification
  13. Satisfactory appraisal to be ordered by Normandy
  14. Signed and accepted Broker Fee Agreement
  15. Builder Profile



Steven L. Katz




A mortgage broker does not lend money but rather arranges mortgage loans through third party lenders or investors.

Equal Housing Lender


Contact Us

Case Financial Services LLC
107 Whitney Avenue
New Haven, CT 06510