April 26, 2013 Hard Money/New Const. (0) We are looking for a Hard Money lender for new construction on our house of around $180k. We own the property out-right worth at least $60k. Due to illness and medical expenses, our credit is not good, but once we sell our current home, we will have about $40k to put down on our new house. We need to know how this type of loan works. […]
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 […]
January 6, 2012 No $ down VA construction (2) Hello! My hubby and I are looking to build our dream home in Harford County MD. We have great credit and a great income. We just haven\'t saved money for a down payment. We have our VA certificate and were really hoping to find a bank that would allow us a no down payment construction loan. I know it is a long shot but if this isn\'t […]
October 31, 2011 Home Addition (1) Eric--we are interested in a loan to construct an addition to our primary residence. Is this a "construction" loan or a "renovation" loan? My husband and I have excellent credit. How hard it is to be approved for this type of loan.