• • All financing percentages are based on “future” value if the lot is owned/on title. All options allow up to 100% of the costs to be financed (0 down)
  • Primary Home-95% to $832,750, 90% to $1.65m, 85% to $2.15m, 75% to $3m, 65% to $3.5m
  • Secondary 90% to $832,750, 80% to $1m, 75% to $2.5m
  • Investment 75% to $1m, 70% to $2m, 60% to $2.5m
  • 100% of Construction costs can be financed determined by “future project value” (lot equity included) appraisal
  • Construction loans for self-employed (bank statements for income, rental income to qualify for investment properties) owner occupied, vacation home & investment $500k-$5M (1-4 units) Construction to Perm 30yr fixed
  • If the lot is not owned, a minimum 5% down payment is required toward the total costs (higher down payments for loan amounts >$832,000
  • 30-year fixed & 7-year ARM products available
  • Ask about the 100% VA Construction Loan, Bridge Loans, ADU/Renovations loans & lines of credit

  What you need to know-

• *640 min credit score required (680+ for loans >$832,000) – Flexible debt to income ratio for qualifying

  • Plans and Experienced Builder are required to obtain a construction loan- no owner builders
  • Stick built, modular, manufactured, barndominium, log cabin, and home kits are acceptable. 
  • NO Reserves or Contingencies required for loans <$832,000
  • Ask about how to qualify without considering your current house payment
  • Up to 18 months construction period
  • One-Time Close with rate “float down” after construction
  • Interest-only payments during construction based on funds disbursed monthly
  • Hassle-Free draw process
  • Cost plus contract ok, but must have “not to exceed” cap
  • Contract and project reviews provided at no cost

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