Residential Mortgages:

Building Capital, Inc. is approved with numerous Banks, Credit Unions, and Mortgage Banks which allows us to originate residential loans for 1-4 units (single family residences, duplexes, triplexes, & fourplexes).  We are integrated with Fannie Mae, Freddie Mac, and FHA.   Areas of expertise include purchase loans, refinance "rate & term" loans, refinance "cash out" loans, and alternative documentation loans.  

Commercial & Multi-Family Mortgages:

Building Capital, Inc. works with numerous Banks, Credit Unions, Life Insurance Companies, Hedgefunds, Real Estate Investment Trusts (REIT's), & Private Investors, which allows us to originate & arrange commercial and multi-family loans for a variety of property types, including:  Apartment Buildings (5 or more units), Condominium Projects, Land Acquisition and Development, Mixed Use Properties, Office Buildings, Special Purpose Buildings (Car Washes, Houses of Worship, e.g., Churches, Mosques, Synagogues), Warehouses, etc.   

What is a Reverse Mortgage?

A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity in their homes into cash.

The product was conceived as a means to help retirees with limited income use the accumulated wealth in their homes to cover basic monthly living expenses and pay for health care. However, there is no restriction how reverse mortgage proceeds can be used.

The loan is called a reverse mortgage because instead of making monthly payments to a lender, as with a traditional mortgage, the lender makes payments to the borrower.

The borrower is not required to pay back the loan until the home is sold or otherwise vacated. As long as the borrower lives in the home he or she is not required to make any monthly payments towards the loan balance. The borrower must remain current on property taxes, homeowners insurance and homeowners association dues (if applicable).

DISCLAIMER:  The above is for general information purposes only.   Consult your attorney or CPA to obtain legal or tax advice.  Building Capital, Inc. is a mortgage brokerage, approved by the wholesale divisions of various reverse mortgage lenders.  

FOR FURTHER INFORMATION:  Call 424-274-1144 or email This email address is being protected from spambots. You need JavaScript enabled to view it..