|
·
Loans Up to $3,000,000.
·
Difficulty documenting
income? Why not use a common sense stated income
construction loan.
·
No
Income qualifying construction loans for those who know that
payments are no object but stated income is not practical.
·
Payments funded through a
convenient interest reserve account makes it possible to
qualify based on the construction loan only.
·
Last minute construction cost overruns accounted for through
a contingency reserve account.
·
up to 95% of the future value of the home and 95% of
the total costs of construction including soft cost, hard
costs finance charges, closing fees and inspection fees.
·
Lock Your Permanent Mortgage Loan's Rate Now or float it
until project is complete, and save during construction.
·
Loan to Value and Loan to Cost allowing, get reimbursed for
out of pocket soft cost and initial hard cost expenses of your
home construction
project.
·
No Prepayment Penalty Loan Programs, and a choice of fixed
rate, adjustable or short term fixed programs. Don't mind
prepayment penalty? Then get a lower interest rate and save.
·
Can not get your project to permit stage but need to close
on the land purchase? No problem, use our lot loan program
to close the transaction and then refinance using out
construction loan.
·
Purchase an existing fixer upper and finance the total cost
of re construction with a single loan, or buy the smallest
house in the neighborhood and build a larger house of you
liking.
·
Purchase the lot and finance the soft and hard construction
costs all wrapped in one loan.
Choose The Best Program For You!
How are
deposits for kit and modular home handled?
We can disburse 75% of the funds allocated for the kit or
modular home as a deposit. The remaining
25% of the funds designated for this kit or modular package are
disbursed when the materials have been delivered to the site
("dropped") and verified by an inspection.
If there are multiple drops required for the delivery of the
materials, we will only pay for the materials delivered to the site.
MORE >>
|