Primary Residence

• Minimum loan size of $510,400
• Minimum credit score 700
• Single Family homes only
• 90% to $1,000,000 (no MI)
• 85% to $1,500,000 (no MI)
• 75% to $2,000,000
• 70% to $3,000,000
• AS-COMPLETED VALUE utilized for down payment calculation (must be on title 1 day on the lot/home)
• All draws handled IN-HOUSE and typically funded in 2-3 days!!!
• One-Time Close
• Owner Builder OK for full-time custom home builders
• Easy builder approval
• Flexible draw schedule
• Ability to lock a fixed rate or ARM for 18 months at current market with float down option should rates improve when the home is finished!
• 24 month construction phase allowed on larger projects
• Lot loans-80% to $500,000, 75% to $750,000, and 70% to $1,000,000
• Investment properties are not eligible
• 2nd/vacation homes are not eligible

Construction loans are different animals. They have different rules and qualifying criteria. No feeling is worse than not qualify for the loan after you are committed to a lot. It makes for a REALLY bad day and a big mess. All of the loan officers listed on this site specialize with Construction Loans ONLY. They are battle-tested, seasoned, and recommended by your peers. Give them a call!

Do you want Construction Loan Specialist to contact you? We’ve made it really easy. Drop your name and phone number in the form on this page and I’ll let him know you’re looking for him.