Construction Loans
Homeowner
Programs
- Stated
income on Construction
Loans up to - $1,000,000+
- Lot
Loans - If you are not yet
ready to build, obtain a loan to buy the
lot.
- Fixed Rate or Variable
Interest Rate available.
- Monthly
interest–only payments due for the loan
term; principal and accrued interest due
at maturity.
- Financing is
available for up to 70% of your purchase price or
the appraised value, whichever is
less.
Your loan will normally close
shortly after you have signed the loan documents. On refinance
and home equity loan transactions, federal law requires that
you have three days to review the documents before your loan
transaction can close. Purchase transactions do not have a
three day rescission period.
Construction
Loans
- One makes monthly
interest-only payments on the amount borrowed during the
construction phase.
- Each construction loan
comes with its own set of variables, please Contact Us to
discuss the specifics of your loan
request
Stated Income Construction
Loans.
This is a fixed-rate loan to be used for the Construction
of your custom home on your lot. Funds are advanced during
construction as the home is completed. Competitive Variable
Rates for loans of 12 months or less are
available.
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