• We offers construction to permanet financing for borrowers planning to build either owner occupied or second homes.  

• Unlike many other mortgage companies, we conduct a single settlement which takes place prior to commencement of construction.  

• When the house is completed and an occupancy permit issued, the construction loan is conveniently converted to a permanent mortgage.  

• We are committed to offering highly competitive rates, quick and easy settlements, and convenient draws for builders construction/permanent financing.

OUR ADVANTAGES:

• Are distinct to builders and their customers, including, but not limited to:
  

• One-time settlement prior to construction. - Flexible construction terms.  

• Loan amounts up to 90 percent of the total purchase price (purchase price includes cost or present value of lot plus the total cost of construction).  

• Low interest rate during construction. Interest paid during construction is only on that amount of money which has been drawn.
  

• During construction, monthly payments are “interest only.”
  

• Flexible draw schedules.
  

• Draw inspections made and funds made available within 72 hours of request (depending upon market conditions).  

• Checks are can be mailed and/or picked up at escrow after we have received verification by our/an licensed inspector (depending upon the property and/or project).