new build home loans

Building your dream home requires the right team. A construction loan from Community First Bank will be there to help you along the way. We make the process.

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Take the First Step to financing a brand-new home. You know that Latitude Homes do all that we can to make the building process "Too Easy" but for some people, the dream of building a new home comes crashing down when it comes to finding the finance to build – loan criteria can be tough and sometimes the big banks are too quick to say no.

The same county level maximum lending limits FHA applies to all its mortgages also apply to its one-time close home loans. Nationally, the FHA loan limit"ceiling is $636,150 for single-family homes.

Buying a new construction home can involve lots of exciting choices and unique opportunities. If you have your eye on a new construction home or a home that’s nearly complete, contact us today about a home loan for new construction homes.

Construction Loans Are Like A Big Credit Card The best way to think about a construction loan is to compare it to a giant credit card that only lasts until the home is built. At that point, you then get a mortgage for the house you’ve built, which will pay off the balance of your construction loan.

What Is A Hard Money Construction Loan? For seasoned investors who are looking to challenge themselves by building a home from the ground up, or completing a tear-down and gut renovation of an existing structure instead of your average fix and flip, a hard money loan for new construction is often the most attractive option.

Building your dream home is a possibility with a VA home loan. But it isn’t always an easy road. This no-down payment program allows qualified borrowers to use their VA loan entitlement to obtain a mortgage for new construction. But it can be challenging to find lenders willing to make a true $0 down VA construction loan.

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. a dedicated team of lending specialists focused on loans for new construction.. Bank of America's Home Loan Navigator lets you view the current status.

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