Updated over 7 years ago on . Most recent reply
Qualify as homebuilder. What criteria does a builder need?
Hello, I am in the central Texas area. I have just sold my home, and have enough to put 20 percent down on a new home. My plan is to buy an empty lot and have my father build a home on it. He has 15 years of experience before 2008. We have started a company, but have not used the company to build yet. Will the bank accept my father as the builder and loan me money to build a new home?