Construction Contractor Requirements

  • Two or more years’ experience building or constructing all aspects of single family dwellings similar to the type of project being proposed
  • State-issued construction or contractor licenses, as required by State or local law
  • Insurance for commercial general liability of at least $500,000
  • Acceptable credit histories free of judgments, collections, or liens related to previous projects the contractor was involved with in the past
  • No criminal history based on a criminal background check conducted by the lender
  • Contractors or builders who are constructing their own residence are ineligible.

Applications for Approval can be completed by downloading our app here: https://apps.appivo.com/public/1Tribal

 

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