Construction To Perm

1 Time Up Front Closing

11 Month Construction Build Period

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*** Interest Rate Float Down option -> (When the home is complete, if the market rates have improved – you will benefit from the improved rate. If the market rates have increased – Your loan will have been locked in at the initial closing to prevent rate increases for you) ***

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Key Points

• Owned land for 12 months enables the value to be used towards down payment investment.
• VA up to $4 Million – 100% Financing – Minimum Credit Scores 620
• Conventional up to $726,200 – Minimum Credit Scores 700
• Owner Occupied 5% Down | 2nd Home is 10% Down | Investment is 15%

*** Less than 20% Down will require Standard Private Mortgage Insurance ***

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