Material Order Rebate Program
Builders Capital recently launched a new program that could save home builders tens or hundreds of thousands of dollars on their construction loans. How can it do that? The new program, known as the Material Order Rebate, or (MOR) program, can help borrowers earn rebates on the purchase of home building materials, that will be applied to offset loan origination fees* – up to the full amount of the origination fee.
Save on Building Material Orders
When clients close a construction loan with Builders Capital, they can order their building materials through the proprietary BIMQuote platform, which offers significant price savings. On top of that, clients now have the opportunity to take advantage of this revolutionary new MOR program that offers builder-borrowers rebates on the materials they order through BIMQuote. Borrowers can choose to opt into using the BIMQuote platform to order as few or as many material categories as they want. Through a robust national network of leading material suppliers, combined with state-of-the-art technology, BIMQuote is not only able to pass along significant economic advantages to the homebuilder, but can also help them save time and ease the hassle of the material ordering process.
How the Material Order Rebate Program Works
The Builder’s Most Valued Relationship
“The core of our mission is to be The Builder’s Most Valued Relationship in all that we do,” said Rob Trent, CEO. “We developed this program, in partnership with BIMQuote, to double down on that mission to move beyond just providing best-in-class financing options to offering building materials at prices only previously available to the public home builders. This completely levels the playing field for our private home builder clients, allowing them to become more competitive with the national builders and gain market share.”
Best Borrowing Experience
“No other lender in the country is capable of offering this revolutionary program,” said Josh Craig, Co-President at Builders Capital. “We have invested heavily in proprietary technology to give our borrowers the best possible experience for submitting new applications, requesting draws, managing loan portfolios, and now ordering building materials and custom plan designs. Beyond flexible financing options and superb servicing, our new Material Order Rebate program is a key differentiator for Builders Capital and an incredible benefit to our clients. This is only the beginning of a continued stream of new value-added benefits we will deliver in our pursuit of removing friction from the homebuilding process and leveling the playing field for private builders to compete in the market.”
*Terms and conditions apply. See complete offer details.