Home Construction Loan Programs PDF Print E-mail
Some mortgage companies offer unique Home Construction Loan Programs (often called Construction to Permanent Mortgages) that will help you build and move into your dream home with as little down payment, and paperwork as possible.

Close one time on the land and the home before construction starts and lock in at today's low interest rates. During construction, you just pay interest on the construction draws and your fixed rate begins the day you move in.

Qualifying borrowers can put as little as 5% down, and because there is only one closing, you will save quite a bit on attorney fees, closing costs and associated fees. There's no better way to finance the home you've always wanted and build it exactly as you've dreamed, virtually hassle free.

And, if you already own the land, the equity you have in the land can be used as your down payment.

Save the hassle of multiple closings and trying to find two loans; one for construction and another at completion. Consider simplifying the process and ask your Loan Officer about a Construction-to-Permanent Mortgage.

Construction Loans also help the builder. Once your loan closes, we can guarantee they will get paid, and pay them every step along the way. This frees up their warehouse lines and gives them the piece of mind that your home purchase is guaranteed before construction even begins.

Construction Loans Sponsored Search Results.

 
Home Equity News was created by Maxwell Sydney Design Group