Page 6 - Complete Building Solution -Exclusive Realtor Program
P. 6
LAND & CONSTRUCTION
FINANCING BENEFITS
EASY ONE-TIME CLOSE
CONSTRUCTION
LOANS
Program Benefits FHA OPTIONS
• Low as 3.5% down payment
• Permanent Loan is closed one-time, upfront, before • 620 credit score
construction begins • No payments during construction
• FHA county loan limits -max loan amount
• Saves money with only one appraisal and one closing
• Credit Score as low as 620 VA OPTIONS
• Low down payment options for FHA loans • Zero down payment
• 620 credit score
• No down payment for VA loans and no mortgage • No payments during construction
insurance required • VA loan limit up to $453,100
• No payments required until construction is complete • VA Jumbo -exceeding $453,100
(ask for more details)
• Purchase of land can be rolled into the loan if not already
CONVENTIONAL OPTIONS
owned
• Gifts or land equity allowed for down payment
• Low as 10% down payment
• Fixed rate mortgages available • 700 credit score
• Interest only payments during construction
• Max loan amount $679,650
Specialized team works
with you ONE-on-ONE every JUMBO OPTIONS
step of the process! • Low as 10% down payment
• 700 credit score
• Interest only payments during construction
• Max loan amount $5M
CONTACT TODAY FOR MORE INFORMATION
Dawn Wilson
Construction Finance Specialist
Cell: 714-606-3446
Email: dwilson@linwoodhomes.com