Residential Builder Lending: Spec & Presale Financing (Tier 3 - Course 15)
🏗️ Course 15: Residential Builder Lending: Spec & Presale Financing
Building on spec is a completely different financing conversation than building against a signed contract — and that single distinction changes almost everything about your loan.
This course walks through how spec and presale construction loans are structured differently, how draw schedules and inspections actually work, and what lenders check about you as a builder before they'll fund your next project.
What you'll walk away with:
✅ Why presale contracts change a lender's entire risk calculus
✅ How draw schedules and inspections actually work
✅ What lenders check about your track record as a builder
✅ A budget and draw-plan worksheet for your next spec home
16-page digital guide · 2 worksheets · glossary of key terms
For anyone financing their first — or fifth — spec home.