January 2, 2014 Addition Loan Process (0) We want to do an addition to our home we have had for two years. The addition will cost slightly less than $200K. We found out from the mortgage company that we cannot use much of the equity in our addition, and we only have about $45K in equity in our current home. So, we would need a non-mortgage type loan or a construction loan??? […]
September 27, 2012 Home loan (1) I have a 583 credit score make 53,045 per year, been on my job since 2003 and have $10,000. for a down payment. I am looking for a home loan around $70,000. I am overwhelmed because I can\'t find anyone in this area that will take the time to help me. I am working to improve my credit score but it is hard. Do you have any advice. I […]
February 12, 2014 Construction to Perm Loan (2) Hello, my husband and I have our property paid in full and now we are looking into a construction to perm loan in order to build a new house on the lot. Are there are loan options for if you wanted to act as your own General Contractor? We have excellent credit and money for a down payment. Now we just need to find a loan option that […]
March 29, 2013 Construction/Perm loan (2) Hello
We would like to contact a lender for information on construction/perm loan options.
We own 5 acres in Montgomery County. We have purchased plans and have contracted a builder for construction of our new home. We have approximately $100k or more in equity on the land and owe $250k. Our builder has given us a building cost of […]