Builder Financing / Spec Loans

Spec Loans & Pre-Sold Financing for Builders

For Builder Financing, contact Karl Finkelnburg at 503-781-8943 or via email at:


Spec Loans / Financing is available for homes in recorded subdivisions, from urban settings to rural areas that qualify for the take out loan of USDA financing in Oregon and Washington. Call me to discuss your project and for terms. Land must be free and clear at funding of the Spec Loan so you can either own the land free and clear or bring the funds to close, clearing the liens.

Presold Financing is available when you have a fully executed purchase and sale agreement, and earnest money deposited (earnest money promissory notes are not acceptable) with your client. To finance presold homes, we require that the take out loan (or end financing) be in place and also that the take out loan is fully underwritten and approved (pre-approvals are not accepted, copy of underwriting approval will be required). To make it easier for you and your client we write both sides of the transaction so you know for sure you have a “done deal” and there is no ambiguity about the entire transaction.

Experience Extraordinary

Call Theresa Springer (MLO #70667/NMLS #70667) today at 360-798-4161 to see the difference that working with an experienced home loan professional can make for you.

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Word on the Street...

"I was beginning to lose hope on this loan project until Theresa became involved. More importantly, I knew my client was in good hands with her! Thank you Theresa!" -- Sherrie Kaiser Goff, Attorney

Testimonials appearing on this site are individual experiences from those who have worked with Theresa Springer. They are individual results and results may vary.