Loanglide Container Financing
We currently offer partner financing with Loanglide who offers excellent financing options for projects such as a container home or ADU. We are currently offering 0% APR financing* for our customers who qualify. We ran a limited time 0% campaign and the feedback was so positive we decided to bring it back to help make your container dreams come to life. Take a look at some of the specifics we have outlined below as well as a calculator and a button to bring you directly to the loanglide application. If you do not qualify for Loanglide financing, the platform will recommend more than 30 other financing options that may fit your needs better. If you have questions about the rates, process, or anything else you can fill out the form below for more information or schedule your meeting with a container tech today to discuss your options.
General Qualifying Terms
- Soft credit pull to see if you qualify, no impact on credit
- 680 is generally the lowest score to qualify
- Payment starts 30 days after the first draw on the loan
- $50k max loan
- Apply with as many co-applicants as you want
These are simply top level qualification factors, if you are interested in financing options be sure to fill out the form below or schedule a meeting with a container tech to discuss the options available to you.
*Some details apply, based on credit score and other factors.
Financing with Thrive Mortgage
Bob’s Containers has teamed up with Thrive Mortgage to offer comprehensive financing for your container home project. This funding can be used for the following:
- Predevelopment Work
- Site Prep
- Construction of the Unit
Thrive is a national loan provider that can fund projects across the nation. Wherever you find yourself, Thrive Mortgage may be an excellent option if you want to finance your entire container home project. There are a few caveats to the process, so if you are interested in financing your container home project with Thrive Mortgage, give us a call or schedule a meeting to discuss the finer details of your project. If you’d like to chat directly with Thrive Mortgage, our partner agent, Lori Anderson can answer any questions you may have.
Personal Financing with LightStream
LightStream offers tiny home specific financing options at low rates. They have great options like autopay discounts with no fees or down payments. LightStream makes financing your container home “refreshingly simple”. Your funding can be approved the same day you apply. LightStream has been funding projects just like these and many, many more for years so they know their way around getting you funding for whatever projects you may have come up. Here are some of the specifics:
- $5,000 – $100,000 max loan
- Funding or refinancing
- No fees, no down payment
- Same day approvals
- Low rates, great service
We are here to help you navigate financing, so if you have any questions about LightStream or our other financing options, schedule a meeting or give us a call today.
Financing with Classic Bank
Classic Bank offers personal loans, home mortgage loans, and home equity loans for residents of Central Texas. Classic Bank’s mission statement is “building lifelong relationships by exceeding expectations”. They have been providing solutions for Texans for over 100 years.
Classic Bank is an excellent financing option if you live in Central Texas. They will finance your entire project with a personal touch. We highly recommend this solution if you fall into their network area.
Here are some of the specifics offerings:
- Home Mortgage Loans
- Home Equity Loans
- Personal Loans
- Quick Decisions
- Competitive Rates
- Local Processing
We are here to help you navigate financing, so if you have any questions about Classic Bank or our other financing options, schedule a meeting or give us a call today.
ADU Mortgage Financing
As ADUs become more and more popular options for backyard rentals, in-law suites, and alternative housing, the available financing options continue to expand. As of June 2022, Freddie Mac is offering mortgage based loan options for you to add an accessory dwelling unit (ADU) to your property. On top of allowing you to use traditional mortgage products, you are able to factor in anticipated rental income if you are renting your unit out on something like Airbnb or VRBO. To learn more about this offering, take a look at this in-depth blog on the subject.
CMG Financial offers loans for your build as well as lot and construction loans, primary and secondary home purchase and rehab, as well as any ADU grant or grants in these states: California, Texas, Hawaii, Arkansas, and Florida.
General Qualifying Terms
- ADU specific financing
- Utilizes traditional mortgage products
- Use a portion of your calculated rental income to qualify
- More financing options for purchasing or renovation
These are simply top level factors, if you are interested in mortgage financing options be sure to fill out the form below or schedule a meeting with a container tech to discuss the options available to you.
Alternative Personal Financing
Hometap is an alternative to traditional lending products which utilizes a debt-free model to finance a container home as an ADU. As an owner, you receive cash in exchange for a percentage of your home’s value. You have the option to sell the home or buy-out Hometap’s share after the 10 year term. If you elect to use this service, the funding can be used unconditionally
General Qualifying Terms
- $600,000 maximum (max of 30% of your home’s value)
- 500 Minimum Credit Score
- 10 Year Borrowing Term
- Covers the full project (prep, onsite and build)
- Limited to certain states
These are simply top level qualification factors, if you are interested in alternative financing options be sure to fill out the form below or schedule a meeting with a container tech to discuss the options available to you.
Commercial Financing Options for Container Homes
The steady increase in popularity of ADUs and other types of alternative housing have led companies to look into options for their needs. Whether on the hunt for mobile field offices, housing employees, or mobile storage solutions, Bob’s Containers is here to help you navigate your commercial options. SBA loans are excellent options for those looking to start or expand a business. You will be matched with a lender using their lender match tool to find lenders who offer loans for your business.
If you feel an SBA loan is not the right path for you, Regal Capital Group is a company who offers “customized financing options, same day funding, and tailored programs to help grow your business to the next level”. This is an excellent option for those looking for alternative options to the SBA loan above. Here are some high level details:
- $2M max loan
- Must have at least six months of active business
- A minimum of $5,000 in credit card sales or $120,000 in sales
These are simply top level qualification factors, if you are interested in commercial financing options be sure to fill out the form below or schedule a meeting with a container tech to discuss the options available to you.
California ADU Grant Program
The inhabitants of California continue to look for lifelines in the crazy housing market. ADUs have emerged as an excellent option for homeowners to increase property value and establish passive income while offsetting the limited housing options in California. California has legislated a predevelopment grant program to help offset the costs of building an ADU on your property. This fund is intended to finance 2,500 potential ADUs and covers predevelopment costs like design, prep work, and more.
General Qualifying Terms
- $40,000 maximum per homeowner to offset initial costs
- 2,500 potential ADUs financed
- For homeowners in California with low or moderate income
- Products offered through private, trained loan officers
- Use this funding to pay for predevelopment work like site prep, designs, tests, impact fees and more
These are simply top level qualification factors, if you are interested in California’s ADU Grant Program be sure to fill out the form below or schedule a meeting with a container tech to discuss the options available to you.