Cardinal Financial for Builders

Real talk: Our job wouldn’t exist without you. That’s why we’ve cultivated One-Time Close Construction loans and Builder Forward Rate Lock — innovative builder offerings to help you simplify your process and scale your business.

Explore Programs

The Cardinal Difference

We know you’ve got options when it comes to choosing your preferred lending partner. So, why us? From our tech to our people to our innovative products, our tagline is Mortgage lending done right™. That means a great experience for you and the homeowners you work with.

Dedicated Construction teams
No outsourced draws
Include land in the financing or build on a lot you already own
Automated loan status updates
Fully underwritten approval prior to contract
Strong local partnerships
Flexible terms and products for your buyers
Increased exposure through neighborhood events
Additional co-marketing support

Builder Programs

Whether you’re looking to simplify your process, scale your business, or both, our programs are designed to help.

One-Time Close Construction Loans

One-time close loans are built to streamline the entire construction and mortgage process for new home builds. With one-time close, your buyers enjoy the convenience of just one set of closing costs for land, materials, and labor. Plus, we never outsource draws.

Builder Forward Rate Lock Program

The home-buying process can be complicated. We’re here to simplify it with the CF Builder Forward Rate Lock Program. This program helps you sell faster and lock in competitive rates for your future buyers when you purchase loans in bulk for your developments.

Flexible Qualification by Design

Credit scores as low as 550
Up to 96.5% financing is available for some buyers
100% financing available for VA loans
Generally, no re-qualification required once the buyer is approved
No property value recertification required for FHA and VA products

Products with Purpose

Loan parameters can change – for the most accurate details of all loan products, please speak with your Cardinal Financial loan originator for details.

Product	Minimum Credit Score	Loan Type	Minimum Down Payment	Home Type/Purpose	Loan Term	Rate Type
Conventional	580	Purchase & Refinance	3%	Primary residence, second home, and investment property	10, 15, 20, 25, or 30 years	Fixed & ARM
FHA	550 Req 10% down	Purchase & Refinance	3.5% Min 580 score	Primary residence	10, 15, 20, 25, or 30 years	Fixed or ARM
USDA	580	Purchase & Refinance	0%	Primary residence	30 years	Fixed
VA	550	Purchase & Refinance	0%	Primary residence	10, 15, 20, 25, or 30 years	Fixed
Conventional One-Time Close	700	Purchase	5%	Primary residence, second home, and investment property	15 or 30 years	Fixed
FHA One-Time Close	580	Purchase	3.5%	Primary residence	15 or 30 years	Fixed
VA One-Time Close	580	Purchase	0%	Primary residence	15 or 30 years	Fixed
Product	Minimum Credit Score	Loan Type	Minimum Down Payment	Home Type/Purpose	Loan Term	Rate Type

Property Types for All

To help you reach more customers, Cardinal Financial proudly offers financing for a wide range of property types.

Container Homes

Eco-friendly and innovative, container homes offer a unique, customizable living space with a reduced ecological footprint.

Tiny Homes

Tiny homes are a haven of simplicity and efficiency, perfect for a minimalist lifestyle or a quaint, cozy retreat.

Manufactured Homes

Affordable and quality-focused, manufactured homes provide comfortable living with efficient, factory-built construction.

Modular Homes

Modern and flexible, modular homes blend the speed of prefab construction with customizable design options.

Condos

Experience luxury and convenience with a condominium, featuring top amenities and prime urban locations for a maintenance-free lifestyle.

Barndominiums

Combining rustic charm with modern living, barndominiums offer spacious, versatile homes in serene rural settings.

Our Builder Process

Make interest-only payments during the construction phase
Options to have no payments due from buyer during construction
Single close reduces total closing costs
Commissions paid in full at closing (prior to construction commencing) at the builder’s discretion

All Powered by Octane

Built to serve. Engineered to scale.

Octane is our custom-built loan technology that facilitates the most predictable mortgage experience possible, giving users like you more control over your business.

Live loan updates

Piecemeal conditions

24/7 access

Instant conditions

Activity records

Faster full underwriting approval

Frequently Asked Questions

You asked, we answered.

Does Cardinal Financial outsource draws?

No.

How long does the process take?

Depending on the builder, we can accommodate 4, 6, 9, and 12-month builds.

Is the builder’s credit pulled?

No.

What documents are required?

W-9, copy of General Liability Insurance Policy, builder questionnaire, copy of general contractor’s license

"*" indicates required fields

Name*

Email*

Phone Number*

Company Name*

Job Title*

Nature of Inquiry*

If Other, please specify

Who is your intended target market and what are your projections for the year?

What specific financing needs do you have for current projects that your existing loan products do not adequately address?

Have you experienced delays in loan approvals or disbursements on construction financing that have impacted your projects? If so, what improvements would you suggest?

Are there specific features or customization options you wish were available in loan products to better suit the various stages of your projects?

How important are Pre-Qualifications and what improvements could be made in this area?

Given the potential impact of interest rate volatility on project costs and financing, how valuable would a forward commitment option be for your clients?*

This option would allow you to lock in a loan rate, securing your client’s borrowing cost against future rate fluctuations until the loan is funded or for a predefined period.

What options do you have in place to ensure a range of affordability products for your clients?

Anything else?

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Contact Us

Let’s discuss what our builder programs can do for your business.