Lending offered up to 80% of appraised value (depending on loan amount and clientÆs financial situation)
One-time close
Primary or secondary home
NO Self Builds.á Must use an approved contractor.
Fixed-rate or ARMs available
Purchased lot considered in the down payment
No pre-payment penalties
Interest rate locked before construction begins
Commercial/investment properties areáNOTáeligible
Mobile, manufactured, or modular homes areáNOTáeligible
Not eligible for VA or FHA programs
Construction loans are different animals. They have different rules and qualifying criteria. No feeling is worse than not qualifying for the loan after you are committed to a lot. It makes for a REALLY bad day and a big mess. All of the loan officers listed on this site specialize in Construction Loans ONLY. They are battle-tested, seasoned, and recommended by your peers. Give them a call!
Do you want Construction Loan Specialist to contact you? WeÆve made it really easy. Drop your name and phone number in the form on this page and WeÆll let him know youÆre looking for him.