When real estate builders construct property, whether for resale or rental purposes, their objective is to pre-sale or rent all of the units, for as much as they can, which is correlated to the market, as quickly as possible, in any case, well before the time that construction is completed and the buyers can take occupancy of the units. It is usually at this time where the sale proceeds are used by the builder or developer to repay its equity investors or construction financing loans. In other instances, custom home spec-builds, houses that are built before they have been sold to an end-user, might have a delay in being paired with a buyer, and the builder wants or needs to repay a construction loan and will refinance the construction loan with an inventory loan, which is essentially an equity-based short-term mortgage until such time the builder secures a buyer and a closing date. Once the property is sold and the builder receives the loan proceeds, the inventory loan will be repaid and discharged from title, providing the buyer with clear title of their new home. A builder inventory loan or a construction inventory loan can also help builders access equity to help them progress with other construction projects. In some cases, a builder inventory loan can help a builder prevent low-balling the asking prices of their inventory to achieve a quick sale, as a result, they might be able to protect equity and profit with a builder inventory loan.