Apply Online for Owner-Builder Financing
Sources for Owner-Builders
Traditional sources for construction loans like banks and mortage companies often require that projects be managed by a licensed general contractor. However, many of our customers want to act as their own general contractor or even do part of the construction themselves. Fortunately, some well-known national lenders like MidCountry Bank, IndyMac Bank, Countrywide Financial, and BuildMax provide flexible loan programs for owner-builders.
MidCountry Bank
Several of our customers have found that MidCountry Bank (headquarters in Minnesota) offers some very attractive loan products and services. Among their advantages are:
- Competitive Rates: MidCountry's rates match or beat most other sources
- Construction-to-Permanent Loan Packages: You'll have one application and one closing
- Complete Project Financing: MidCountry may finance your entire project, including land
- Owner-Builder Loans: MidCountry doesn't require a licensed contractor
- Sweat-Equity Program: MidCountry may count your valuable labor as a down payment
Apply Here
MidCountry has agreed to accept loan applications through the Kodiak Steel Homes® web site. If you would like to apply online for a loan to finance the construction and purchase of your Kodiak Steel Homes kit, just click the link at the bottom of this page and you will be taken to the application form. When you submit the form, the information you provide will be transmitted back to our site by a secure connection (see below). We will then pass this information on to MidCountry Bank, who will process your application and contact you directly. In most cases, MidCountry will be able to render a decision based on this application as long as you include the necessary information. Before you begin, please read the following:
Privacy
We respect the privacy of our customers and will protect their sensitive financial information. We will only share the data you provide on this online loan application with MidCountry Bank and only for the purpose of qualifying you for a loan.
Security
The data you submit through our online loan application is transmitted to us over a secure SSL connection with 128-bit encryption, the highest level of security available for web browsers. We then transfer this information to MidCountry Bank via FAX, ensuring that it cannot be intercepted.
Kodiak Steel Homes, Inc. is not affiliated with MidCountry Bank in any way, and we receive no commission, finders fee, or other compensation for referring applicants to them. By using this online application, customers agree that they may choose to deal with MidCountry Bank at their own risk and that they understand that Kodiak Steel Homes, Inc. has no influence on or responsibility for loan approvals or any other decisions, arrangements, terms, obligations, or agreements between MidCountry Bank and its customers.
Click here to apply for construction and/or mortgage financing from MidCountry Bank.
Click here for a handy mortgage payment calculator.
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