6.99% APR*
For Fixed Rate Construction Loans
(*On new applications 12/1/06 to 4/1/07.)
STEP 1 of 2
Get your Construction / Renovation Loan Today!
Our goal is to make your renovation "gutted home loan" EASY. Get your loan approved and insurance quote in less than 1 hour with 2 easy steps:
About Us
About UsWe are the largest construction / renovation lender in the state. Our combined loan allows borrowers to save thousands of dollars in closing costs and allows you to lock your permanent rate today!
As an additional benefit, we use the appraised value of the home as opposed to the renovation cost to determine whether Private Mortgage Insurance (PMI) is required. By avoiding PMI, you save thousands per year. In many instances we can get you in your home with NO MONEY down.
Available in conjunction with the All-In-One Construction / Renovation Mortgage Loan, meaning:
- Reduced attorney fees & bank fees due to simultaneous closing of the construction and permanent loans
- More secure (for Borrower, Contractor & Bank)
- Permanent rate locks available, as early as at application
- Fixed Rate Mortgages available for 30-year terms or less
- Adjustable Rate Mortgage (ARM) available on 15 & 30-year amortization. Initial fixed rate options of up to 7 years.
- Interest-only payments during construction with various terms available.
- Higher loan amounts and higher loan-to-value financing available
Construction Loan Hot Line 866 893 4799