Last updated:
Availability Varies by Lender
Some lenders restrict experimental categories due to valuation and marketability concerns. Programs that do lend often cap LTV lower and emphasize documentation and safety records.
Underwriting Focus
- Builder pedigree, compliance, and test flight history.
- Maintenance documentation and parts traceability.
- Pilot experience and transition training; insurance feasibility.
Structures
- LTV 50–70% typical; terms 5–12 years.
- Preference for fixed rates and conservative balloons.
Process Tips
- Gather detailed build logs, photos, and documentation.
- Confirm insurability and training plan; see insurance requirements.
- Price scenarios in the calculator and maintain cash reserves for contingencies.
Related Articles
External references: FAA Registry · EAA Aircraft Building · NBAA