Conforming Construction Loan – Under $805,000($1,209,750 in some counties)

• • Owner occupied
  • Max. Debt to income of 43%
  • Max FICO score of 700 with compensating factors may allow lower credit score
  • Interest Only during the construction term
  • Fully amortize modification based on 15 or 30-year term.
  • Modular Homes may be allowed
  • No builder-owner financing

  • 12-month construction period

Jumbo Construction Loan – Over $805,000 up to $2,000,000 ($1,500,000 on second homes)

• Minimum FICO 740
• Max Loan: 80%
• Debt to income: 43%
• Construction term: 12 to 18 month term.
• Interest only during construction term.
• FICO score: 740
• Permanent loan product available with 7/6 arm loan
  

   

Our specialized construction lending team is available 24/7 to assist you with your building project needs. Whether it’s building your forever dream home or your next building project, we’re here to help guide you through the building process every step of the way.  Drop your name and phone number on the form on this page, and we’ll let them know you’re looking for them.