No. 09The Stakeout · Omnira SignalOnline

Construction and renovation loan leads from residential permits

A homeowner or small builder pulls a permit for a new house, an addition, an ADU, a pool or a teardown.

On the record

971

loan-shaped residential jobs

Where
Austin, 90 days
Same pull
14,915 permits read
Pulled

The moment

A residential permit is the earliest dated public record on a house that's about to change. A new house on a lot points to a construction loan now and a purchase loan later. An addition, an ADU or a pool on an existing house points to a renovation loan, a HELOC or a cash-out refinance. A teardown means a rebuild is next.

The Stakeout keeps the permits shaped like a loan and sets aside production homebuilders, since they run their own mortgage companies. What's left is owner-builders and independent builders whose financing isn't spoken for.

Who it's for

  • Mortgage loan officers and independent brokers
  • Construction-to-permanent and renovation lenders
  • HELOC and cash-out refinance desks
  • Private and hard-money lenders on rebuild lots
  • Title companies and closing attorneys
  • Homeowners and builder's risk insurance agents
  • Appraisers and draw inspectors

What you get

  • Residential permits shaped like a loan: new homes, additions, ADUs, pools and teardowns
  • The work class and the square footage on the permit
  • The builder of record, or the owner-builder
  • The lot outline on a map of your market
  • Production builders with in-house lenders taken out

The outcome

Your loan officers reach the homeowner the week the permit issues, which is the earliest anyone can. Your builder partnerships start with the independents who have no lender of their own.

Questions buyers ask

Does a permit mean the owner wants a loan?
No, and we never say it does. A permit is permission to do the work. It's the earliest public sign that money is about to move on that house.
Why take out production builders?
They run their own mortgage companies, so their buyers are spoken for. The list is the permits no builder's lender already owns.
Is there a dollar figure on each job?
No. The permits in this market don't carry one, so none appears. You get the square footage written on the permit and the kind of work.

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