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terryleroe
10-03-2006, 09:55 AM
New Construction One-Time Close Home Loans



Unbeatable loan programs for Buyers, Builders & Realtors
Buyers
. . . One Application, One Approval, One Closing
. . . Construction interest included in the loan
. . . Perm Loan Rate locked before closing
. . . Stated Income and Interest Only available
. . . Owner-Occupied, Non-Owner and Second Homes
Builders
. . . Buyers provide the construction financing
. . . Soft Cost draw available for builders
. . . Saves builder credit lines
Realtors

. . . Commissions paid upfront, at closing
. . . Renovation & rehabilitation loans are available

OregonLO
11-06-2006, 04:24 PM
what kind of fico scores do you have to have for a self employed stated deal?

Also, do you use appraised value? so as an example if it was costing someone 300k to build the house but it was going to be worth 375k we could call it an 80% construction loan?

noher
08-21-2007, 12:52 AM
Ok, so I've got my 10 construction deals I'm trying to place. If anyone is a direct lender that does construction loans, let me know. It's ready to be submitted.

Borrower FICO is great, low LTV
40 yrs experience in the home building industry
Awesome and seasoned assests
Stated program please!

ashoksharda2
10-28-2007, 09:10 AM
You can better understand construction Loans by exploring:
loanseye.com/construction-loans/

andylewis
10-10-2008, 04:43 AM
Hi,
Good place to all type of housing / construction loans for individual as well as realtors.
Andy