Construction Loans
NEW Nationwide Residential Construction Loan
| Loan Rate: |
Construction Rate of 6.000%
Permanent Loan is Usually 3 or 5 year Fixed with Ratest starting at 4.750% |
| Loan Amounts: |
Over $1 Million |
| Loan Product: |
Residential Contruction |
| Location: |
Major Metro Areas Preferred, especially in Southern California |
| Maximum Loan to Cost: |
70% |
| Additional Loan Info: |
One Time Close with a Permanent Loan for After Contruction is Completed |
|
Full Documentation Required |
|
Minimum 700 Credit Score |
| Get Started |
CLICK HERE |
Homeowner Programs
- Lot Loans - If you are not yet ready to build, obtain a
loan to buy the lot. ($1 Million Minimum Loan)
- 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
- Residential Construction Loans available from $1 Million - $10,000,000.
- 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 .
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