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What are the qualifications?

This program is intended to provide short-term financing to Borrowers who are purchasing

a single-family residential lot with the intent to build either a primary residence or a second home.

 

 

What are the loan limits and options?

  • Loan amounts up to $1,000,000

  • LTV up to 80%

  • Lot sizes up to 50 acres

  • Full Documentation or Stated options

  • Decision credit scores as low as 680

  • 30 due in 2 year fixed, or 30 due in 5 year ARM programs

  • Interest only option available

  • No prepayment penalty if rolled into a construction loan with same lender

 

Additional questions?

If you have any additional questions, please click here to forward them to us.

 

 

How do I get started?

If you are ready to start the process, click on the "Preliminary App" button on the navigation options above,

or if you prefer, you can download a pdf version of the Residential Preliminary Application form at the link below,

and forward the completed form to us either by fax, by mail, or drop it by our office.

 

Click here to download a printable Preliminary Application