ConstructionLoansFAQ.com

                               

 
 
   
 

 

Single Close Construction Loans

 

Construction Loans Are a Specialized Field, Work with a Specialist for a hassle free close and build your dream home.

 

     
 

Wrap The Purchase, Construction Loan and Take out permanent finance  Into One Loan and Save on Time, hassle and Closing Costs

 

  • Loans Up to $3,000,000

  • for custom residential properties.
  • Stated Income, No Income Qualifier, and Fully Documented Income programs to suit your needs.

  • Stated Income Program will not make sense, then use a No Income Qualifier Program.


  • Up to 95% LTV and 95% Loan to Cost construction Loans to fit your special circumstances and maximized amount of construction loans.

  • Lock Your Your Permanent Mortgage Loan's Rate Now, for your ultimate peace of mind.


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  • Flexibility to refinance should the prevailing interest rates go down by the time construction is over.
     

  • Full Value given to your existing home even if it has to be completely demolished, if you have owned the property for more than 2 years.

  • No Prepayment Penalty Loan Programs.


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  • Choice of using a General Contractor of an experienced but unlicensed site supervisor.

  • Ground Up Construction, Major remodel of an existing home or Modular Homes, Whichever you choose to do.


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

     


     
    A Pick From Our Frequently Asked Questions Pages:


    Who does the borrower contact to request funds?
    The CTP Customer Service Team will be able to start processing the initial draw request two business days after the loan funds. It takes approximately two business days after the loan funds for the loan information to be transferred to our Loan Servicing Department. A borrower's loan information can be conveniently accessed online, "My Loan Information" within 48 to 72 hours of funding.

    How quickly can the initial draw request get processed?
    The borrower can request start-up funds to help get the construction project going....
     

     


         
     

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