Loans and Lending for Alternative builds...

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posted 3 years ago

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Hello,

Anyone have suggestions for lenders; mortgage brokers, alternative money, for an off-grid Natural Spaces Dome project.

The system is broken when a person with a good income and excellent credit can't get a loan, for well below their repayment capacity...all because their dream home design (all engineered and to code) includes solar and drilling a well and or water catchment.

Thanks in advance for any suggestions!

"I've always dreamed big, those dreams just never included indoor plumbing" - Me

Anne Miller

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Posts: 16058

Location: USDA Zone 8a

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posted 3 years ago

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I would talk with my local banker where I keep my money. They will be able to see my history and know I am a good risk.

If that doesn't work, then I would talk with the people that are installing my solar or generator. They will only give a loan for that part of the construction.

Same with water catchment, roofing, etc.

It is bits and pieces but doable if you have some cash.

Farm Credit is a business that lends for land loans.

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