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