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Construction Loans
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Construction loans are my focus. Construction loans permit you to purchase the lot, fund the construction of your home using a construction loans product combined with your permanent loan and close only once, saving sugnificant closing costs. Email construction loans information.

I am a mortgage broker focused on construction loans and represent 24 of the largest construction loans lenders. As a construction loans broker, I work for my client and not the construction loans lender, taking time to appreciate your situation and placing your construction loans with the construction lender who matches your needs. I give you unbiased advice and support throughout the process. Construction loans are a specialized product and most lenders or brokers do not have the experience to guide you through this complex process. This is some basic construction loans information but please call to discuss your individual construction project. At a fundamental level, construction loans offer two types of product characterized by how interest rates are based during the construction phase. I refer to them as “One Step” and “Two Step”. Email construction loans questions.

 This page is focused on new construction loans, if you are renovating an existing home please go to my renovation loans page.

If you have owned your lot for 1 year, or if you have documented improvements to the property, we can use this equity to meet your down payment requirement or create an interest reserve account.

Several options include:

  • One Time Close Construction Loans Single Rate. "One Step" program protects you against increasing rates and extended lock fees. Interest only fixed rate during building and modifies into a permanent loan after construction.

  • One Time Close Construction Loans Prime Rate Based. "Two Step" program allows you to borrow up to 95% of your total cost for your home. Based on the Prime Rate during the building period with interest only collected on funds disbursed. Allows a 12 month construction phase. 

  • Stated Income construction loans are now available and are wonderful for the self employed or anyone with difficult to document income or asset situations.

One of my favorite lenders has reopened their lending department. You can modify into the incredibly flexible Cash Flow Loan.

I have written a newsletter covering them, and a construction FAQ is available.

I have a list of documentation needed.

There is a page detailing construction loans fees.

I have also included information on the specialized areas of log home, modular home, or timber frame home financing.

I have detailed information on extended interest rate locks with a float down option. 

I have a page on calculating mortgage ratios.

Learn about as completed value financing

If you have had credit issues in the past, it is absolutely critical in today's market that they be addressed before you try to get a mortgage. I have referred my clients to CreditFX for the past 5 years. Exceptional customer service and I am often stunned at what they have been able to have removed from people's reports, allowing my clients to qualify. Their charge of $199 is one of life's true bargains.

One of the questions I frequently get from my clients is about finding a qualified and reliable contractor. After a great deal of research, I do recommend Reliable Remodeler. I have personally used their free service and was very pleased with the outcome. Please complete their contractor referral form for up to 4 local pre screened contractors.

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

Construction Loans   Prequalify for your Construction Loans. 


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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.