New Construction Loans

Close it then build it!

  • Builder's funds for construction are escrowed at closing (10%)
  • Commencement Draw to Builder at Closing with permits
  • Up to 95% LTV Conforming and High Balance FNMA Loan Limits
  • Up to 75% LTV Jumbo Construction - Loan Limits to $1 million
  • Minimum 660 FICO Mid Score - Conforming/High Balance Construction Loans
  • Minimum 720 FICO Score - Jumbo Construction Loans
  • Borrower billed monthly for construction interest accrual and construction fees
  • Land Home Packages/Land in Lieu Transactions
  • 270 Day Build Time
  • Builder/Third Party land purchase/Borrower owned land
  • Site Built Housing/Primary Residence
  • Realtor Commission paid at closing of ICL

Want more information on New Construction Loans?

Contact us today to receive more information.

Ready to apply?

We will contact you within 24 hours to review your options.