Find A Home Online Directory is one of the world's most unbiased online home resource for finding home information -- find a home, sell a home, buy a home, or lease / rent a home. Find home mortgage quotes, daily statistics, interest rates, and home mortgage calculators.
Construction Mortgage
Whether you're planning to build your dream home or just thinking about it, we can help you with construction mortgage loans. We can answer your questions, and guide you through the construction mortgage loan process. We'll be with you every step of the way from framing your front door to turning the key. At Mortgage Rate Online Directory, we're home construction mortgage lending experts. We can answer your mortgage questions and your builder's questions so your project keeps moving smoothly from groundbreaking to housewarming. Our Construction-to-Permanent Mortgage Loan is based on ordering an appraisal based on the future value of the home. That's right I said future appraised value of you home. We can lend 90% of the future appraised value of a primary home, and 80% of the future appraised value for a spec home. The construction mortgage loans are based on the actual cost which can include the purchase of the land.
We can offer new construction mortgage loans on the following property types:
Primary Homes
Second Homes
Modular Homes
Spec. Homes for Builders
Complete Rehabilitation
This means with one mortgage application, you get all the financing you need in two easy processes your construction and permanent loan. All fees and points will be built into both mortgages. Based on the project if it has enough value we can finance your land and wrap your closing cost into your construction loan up front. Below you will find the list of items you will need to get your construction loan started.
Plans and Specifications
Plot Plan
Proof of a Land contract or a Deed
Proof the Land is build able from your local Building Inspector
Title Commitment
Homeowners Insurance
Line item list of all cost to build your project
Terms of the mortageg construction loan are for 3 or 6 month periods. This mortgage loan program offers interest only (up to 5 draws) 30-year amortization.
Find A Home : Find A Mortgage : Sell A Home : Buy A Home : Rent A Home : Lease A Home
Privacy Policy : State Advertising Disclosures
Copyright 2004 Find-A-Home Online Directory All Rights Reserved
Find A Home Mortgage 
