Architects, Builders Does Your Client Want to Build a New Home?FL & GA Now NEW Higher Loan Limit!!!
We can now offer you or your Client a new Construction Loan Program that can Finance Land, Construction and Permanent Loan with only ONE Closing.
Before Construction Starts!!! - If you have to Buy the Land, it will finance the Purchase of the Land, the Construction, and the Permanent Loan.
- If you Own the Land and it is Free and Clear it will Finance the Construction and the Permanent Loan, and Consider the Value of the Land in the Valuation.
- If you Own the Land and it is the land is Financed, it will Pay off the Land, Finance the Land, the Construction and the Permanent Loan, Itwill consider hat you have paid in the Valuation.
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VA now available!!!
Features*
- PROGRAMS: Purchase & Refinance. Conventional: 15 and 30 years. 7/6 and 10/6 ARM
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- USE: Primary Homes, 2nd Homes, Investment. Closing in Name of Entity: OK.
NEW HIGHER LOAN LIMIT! - MAXIMUM LOAN AMOUNTS: Conventional 2026: Miami-Dade 1 Unit: $833,250
* 2 Units $1,086,250 * 3 Units $1,288,800 * 4 Units: $1,601,750 VA: $4,000,000
Monroe County, FL Conventional 2026: 1 unit: $990,150 * 2 Units: $1,267,600 * 3 Units: $1,332,200 * 4 Units: $1,904,150 VA: $4,000,000 - Low down payment. Conventional: As low as 5% down VA 0% down,
- Other Counties, GA Please inquire
- Min. Credit Score: 700 VA: 580
- TYPE: 1 to 4 Families Homes. Modular Homes OK, No Condos. No Manufactured Homes
* Other Terms and conditions may apply. Subject to errors and/or omissions and to change without prior notice. GFL Licensed in FL,TX.GA Visit Online: http://HomeFinancingFL.com/Construction1StepBuilders
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BETTER FOR BUILDERS AND CONTRACTORS
a) Levels the playing field. Gives general contractors more freedom to build unique dream homes for their clients, rather than cookie-cutter developments.
b) Get paid faster. Once the loan is closed, the cash is ready for labor and materials. It also saves the expense of having to pay for the build up front and then find a buyers. BETTER FOR BORROWERS
a) Save time and money. One closing means only having to cover one set of closing costs.
b) No settling. With new construction, They really can have the home of their dreams
c) Low Down payment makes loans accessible.
d) One approval. No need for a second approval.
e) Modify down option. Once the loan is complete, Borrowers can modify down to secure a lower interest rate if the market changes or stay locked in no matter how the market moves.
f) Build-period payments: Conventional Borrowers can enjoy lower, interest-only payments on the Draws made.
VA Borrowers have no payments during the build period.
Permanent Loan: Principal & Interest monthly payments
g) Less out-of-pocket expense. The Borrower doesn’t have to pay for the build and then get a mortgage. The mortgage pays for the build! Send this Link to your BUILDER CLICK HERE
Send this Link to your REALTOR Click Here Please use the form provided below to request a free, no obligation Quote |