Due to the current COVID-19 pandemic, product availability may vary from day to day. Contact a loan officer for the latest product information and to help find the best possible mortgage solution to fit your needs.
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A large kitchen for dinner parties. Vaulted ceilings. An inviting outdoor living space. Whatever you picture as your ideal new construction home, leave the financing to us. We offer the perfect loan solutions to help you make your dream home a reality.
Streamlined Two-Time Close Process
Our construction loans have a simple two-step process. First, you get a temporary loan to start the project. Second, once construction is complete, we’ll refinance your initial loan into a traditional mortgage at the most favorable terms possible. Here are just a few benefits that we provide to make the process smoother:
- We’ll lock the interest rate for your second refinance loan up to 12 months
- You only pay interest on money used for construction, not the entire loan amount
- No mortgage insurance required during the construction phase
- You’ll receive closing cost credits that may result in low or no cost refinancing for your permanent mortgage
Construction Loans Made Simple
The PrimeLending home loan experience offers hassle-free document submissions, clear communication, personal guidance and fast, efficient closings*. I’ll be by your side every step of the way to ensure you stay to informed and your home loan stays on track.
Contact me today to get started.
*On time closing and fast processing is dependent on many factors including receiving timely documentation from the borrower.