Owner Builder Construction Loans in Michigan

Build Your Own Home in Michigan, Without a General Contractor

Traditional lenders often say no. We don’t.

We offer owner builder construction loans in Michigan.

Qualification Questionnaire

What Is an Owner Builder Loan?

An owner builder loan allows you to:
  • Manage your own construction
  • Hire subcontractors
  • Control costs
This approach gives you more flexibility and control compared to traditional construction loans.

Why Michigan Owner
Builders Choose Us

  • No contractor required

    You can manage your own project and still qualify for construction financing.

  • Flexible loan terms

    • Interest-only payments during construction
    • Only pay on funds drawn
    • No prepayment penalties

  • Unlimited draws

    Access funds as needed without rigid schedules or excessive fees.

  • Land equity allowed

    If you already own land in Michigan, it may count toward your down payment.

  • Built for Michigan Builds

    We understand the Michigan market, including:
    • Seasonal construction timing
    • Weather considerations
    • Rural builds

Loan Requirements

To qualify for an owner builder loan in Michigan, you typically need:

  • Credit Score of 675+

    Minimum score requirement for most scenarios.

  • DTI Ratio Around 38%

    Debt-to-income is reviewed as part of prequalification.

  • 30%–50% Equity

    Land equity may count toward the down payment requirement.

  • Clear Budget and Plan

    A realistic project scope and full construction budget matter.

How the Process Works

  • 01

    Submit Your Information

    Complete our quick qualification questionnaire.

  • 02

    Project Review

    We review your construction plans and financials.

  • 03

    Loan Approval

    Once approved, your construction loan is structured.

  • 04

    Start Building

    Draw funds as needed and begin your project.

  • 05

    Refinance After Completion

    We help connect you with long-term mortgage options once your home is complete.

Where We Lend
in Michigan

We work with owner builders across Michigan, including:
  • Detroit
  • Grand Rapids
  • Ann Arbor and surrounding areas

Is an Owner Builder Loan
Right for You?

This program is ideal if you:
  • Want to manage your own construction project
  • Have access to reliable subcontractors
  • Want to reduce building costs
  • Have been turned down by traditional lenders
Get Started Today

Ready to Build Your Own Home in Michigan?

Complete our short questionnaire to see if you qualify.

Start Your Owner Builder Loan Application

Frequently Asked Questions

Yes, planning for seasonal delays is important.
Loan amounts depend on your project budget, equity, and qualifications.
Not necessarily, but having a clear plan and subcontractor support is important.
You’ll typically refinance into a long-term mortgage.