|
Construction
Loans and Permanent Finance for Residential Properties.
Powerful
“One Time Close” program provides construction
financing, Lot Purchase and Permanent loan, all wrapped in one.
Why worry about re-qualifying, re-appraisals or incur additional
closing costs?
Construction
finance is a specialized field. To better serve your needs, we assign you an expert consultant from
the moment you apply. He /She will work with you from the very beginning
until the funding day, making the process smooth and seamless.
For
full details please go to the Program Page.
You
could go directly to our simple, Secure
Application
Page and apply for a pre-qualification.
Any
questions? Call Us At 1-800-246-2468 or Send
An Email.
Purchase
And Remodeling Loan Program, Residential Properties.
Buying
a run down property and tuning into a dream home often requires a
huge down payment and very expensive financing, as conventional
lenders will only finance properties that meet a certain minimum
standard.
Two
distinctly different programs are available. The first approach
would be to use one of our construction loans, details of which are
the same as the explanations given above. The second approach is to
use our government sponsored rehabilitation
program.
With
our rehabilitation program you can obtain up to 97% financing of the
cost of purchase and rehabilitation expenses all wrapped in the same
low cost loan.
You
can now finance the purchase of a fixer upper and have enough funds
available to turn it into your dream home.
The
loan limit under this program is around $210,000 depending on the
county the subject property is located at. Higher loan limits are
available for 2-4 unit projects. For full details go to; Purchase
and Rehabilitation Program Page.
You
could go directly to the simple, Secure
Application Page and apply for a pre-qualification.
Any
Questions? Call Us At 1-800-246-2468 or Send
An Email.
Lot
Purchase Program.
If
you are not ready to build in the near future, then you can use our
Lot loan program.
With
this fixed rate loan, you can finance up to 75% of the purchase
price for up to two years.
Since
this program is self explanatory, we have not created a separate
page for it. However please do not hesitate to contact us for
further details at, 1-800-246-2468 or Send
An Email.
Custom
Builder Spec Financing.
This
program has been designed for contractors and builders who wish
to fund the construction of up to four single family homes.
Individuals,
Partnerships, Corporations or Limited Liability Companies can apply
for loan amounts up to $1,500,000 to finance up to 85% of the cost
of construction.
Rates
are as low as Prime plus 1.25 and interest reserves can be set up
for as long as 18 months.
This
type of financing requires a more detailed analysis of the project
and as such we encourage you to call us for details.
You
could go directly to the simple, Secure
Application Page and apply for a pre-qualification.
Any
Questions? Call Us At 1-800-246-2468 or Send
An Email.
This
site is packed full of information on how new home construction
loans work. However if you have any questions
please do not hesitate to drop us a line at the contact
us page. We discard the email address after sending your
reply.
Please
see our privacy policy.
Visit our newly expanded, "Frequently
Ask Questions 1" and "Frequently
Asked Questions 2" pages:
|
