SNAP.BUILD partners with experienced residential builders:
- Small to medium volume residential builders that want to grow: These builders currently build a minimum of 5-10 units a month and are looking to grow year over year
- High volume and spec builders: For the larger regional builder that is competing against the Nationals, Snap.Build provides access to private capital that the national builders have. We close loans quickly, offer uncapped funcing, and require no spec-to-build presale ratios
- Built to Rent (BTR) Builders: Snap.Build provides capital to fund the growing market for BTR housing
Rental housing provides a vital housing solution, economic stimulus, and social benefits, making it an essential component of America’s housing landscape. It helps ensure housing accessibility, supports economic growth, and accommodates the diverse needs of individuals and families across the nation. As the dynamics of the housing market continue to evolve, the demand for rental properties is likely to remain a significant aspect of the real estate landscape. Snap.Build wants to support professional builders specializing in BTR/BFR residential construction.
Builder Benefits Across the Process
- Non-recourse loan structure
- Fund 100% of vertical budget
- Funding to support simultaneous builds
- Fully funds a 12-month interest reserve and rolls interest and fees into the overall loan. No capital needed at closing
- Efficient loan closing (once approved, close fully funded loans in 2-3 weeks on average)
- Competitive rates, fees, and term
- No requirements on spec to pre-sale ratios
- Our financing services support residential construction builders with single-family residences, duplexes, and residential vertical construction projects
- Constant communication between team members and stakeholders
- Builder can consistently measure team member production, subs and vendor performance
- Real time progress reports (actual vs expected)
- Build times are expedited, project costs reduced, and overall efficiencies are improved
Builder Benefits Across the Process
- Non-recourse loan structure
- Fund 100% of vertical budget
- Funding to support simultaneous builds
- Fully funds a 12-month interest reserve and rolls interest and fees into the overall loan. No capital needed at closing
- Efficient loan closing (once approved, close fully funded loans in 2-3 weeks on average)
- Competitive rates, fees, and term
- No requirements on spec to pre-sale ratios
- Our financing services support residential construction builders with single-family residences, duplexes, and residential vertical construction projects
- Constant communication between team members and stakeholders
- Builder can consistently measure team member production, subs and vendor performance
- Real time progress reports (actual vs expected)
- Build times are expedited, project costs reduced, and overall efficiencies are improved