ConstructionLoansFAQ.com

                               

 
 
   
 

 

Single Close Construction Loans For Ground Up and Remodeling Projects

 

Construction Loans Are a Specialized Field, Work with an Expert Construction Loan Lender!

     
 

Wrap The Purchase and Construction Into One Loan and Save on Closing Costs

 

  • Loans Up to a generous maximum loan amount of $3,000,000

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  • No Document and Stated Income Programs are Available.


  • Finance the construction loan's payments as well as contingency reserves for maximum peace of mind.


  • Finance up to 95% of the future value of the home and 95% of the total costs of construction including soft cost and hard costs.


  • Lock Your Your Permanent Mortgage Loan's Rate Now or float it until project is complete, whichever you prefer.


  • No Prepayment Penalty Loan Programs, and a choice of fixed rate, adjustable or short term fixed programs.


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  • Purchase an existing fixer upper and finance the total cost of re construction with a single loan.

  • Purchase the lot and finance the soft and hard construction costs all wrapped in one loan.




  • A Construction Loan Specialist Will Help You Get Started and Choose The Best Program For You!


    Who does the inspections?
       A third party, contracted on our behalf, performs the inspections. 
    What is the Lender's Contingency Account?

       A Contingency Account is money set aside for unforeseen circumstances or cost overruns that may occur during the construction or improvement of a home.  Disbursement of these funds is on an "as needed" basis and will generally be in proportion to the completion of the home.

     

     


     
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