How to Get a Construction Loan? » Mortgage Masters Group

Mortgage Masters Group – 481 SW Port St Lucie Blvd, Ste A, Port Saint Lucie, Florida 34953 – Rated 5 based on 7 Reviews "MMG helped me and my family 2.

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Lot Loan Options Our lot loan product is designed to provide short-term financing, so you can purchase land on which you intend to build a home. 1 of 3 FHA Construction Options FHA Construction programs allow for as little as 3.5% down payment and a 30-year fixed loan after the home is completed. 1

Completion mortgage There are two types of mortgages that you can get when you are buying a home. The first is known as a completion mortgage, under which the loan isn’t transferred until construction is complete – or at least, until you take possession of your home.

MQMR’s Erin Harris Recognized by Mortgage Professional America as One of Its 2018 Elite Women in Mortgage’ | Florida Newswire Get the latest Michigan Local News, Sports News & US breaking News. View daily MI weather updates, watch videos and photos, join the discussion in forums. Find more news articles and stories.

A standard mortgage loan is not going to cut it – but you may be eligible for a special type of loan known as a construction loan. What Is a Construction Loan? Open a Simple Account by 10/31/19 4:59 PM PT and get up to a $500 bonus and 2.15% APY (with qualified activities) .

"Because construction loans are more complex transactions than a standard mortgage, it is best to find a lender who specializes in construction lending and isn’t new to the process," said Bossi.

BB&T offers many mortgage loan options including Construction to Permanent Loans. You may want to build a house or renovate your existing house. A BB&T construction-to-permanent loan might be the one for you. Contact a BB&T Mortgage Loan Officer today to learn about your options.

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Contents Final christmas parade Mortgage masters group Loan officers provide free marketing assistance 2.6 billion derived Realtor.com 2017 National Housing. Continue Reading Posted in: Mortgage Broker News