Construction Loans

       Looking for Construction Loans?  Thinking of buying a fixer-upper?

• We provide financing in advance of construction for building or renovating homes.

• Funding based on the planned improved value of the home.

• You can lock in at competitive rates now and remove the uncertainty of what rates will be like in the future.

• Single closing. Borrower receives funding in advance of construction.

• Funds are disbursed on a pro-rated basis as construction progresses.

• All construction must be completed within 12 to 18 months of closing.

• No builder approval by the lender. Borrower may act as the General Contractor.

• Fixed rate or adjustable rate mortgages available. Interest rate locked at time of application.

• Loan-to-Value ratios as high as 90%.

• Up to $1 million in financing (and more under certain circumstances).

       Please Contact Us to discuss your specific needs.

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