Construction Loans

Construction Loans typically require “out of the box thinking”. There are many challenges that a borrower could face during construction or within the construction-to-permanent time frame. Our experience and great relationship with our many lenders will prove to be your greatest assets for all phases of your project.

A loan that combines both construction and permanent financing into one loan with only one closing costwill eliminates separate closing costs. Typically a construction can last for a period of six to twelve months. When construction is complete, the loan converts to a permanent mortgage. In order to review a construction to perm loan, additional documentation must be provided along with the standard credit and income documentation.