HouseRaising Touts Builder Credit Program

HouseRaising Inc., a Charlotte, N.C.-based service provider to custom homebuilders, has announced a credit program that will enable affiliated builders to buy materials and supplies from Lowe's through a master credit facility.Under the program, builders of custom homes constructed with the HouseRaising proprietary management system and with financing through SunTrust Mortgage, Richmond, Va., can buy building materials from Lowe's. Greg Wessling, chairman and chief executive officer of HouseRaising, said the arrangement will lower the cost of homes and help builders who often find it difficult to get financing for materials purchases. The company can be found on the Web at http://www.houseraising.com.

Processing Content
For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS