I am looking for a 5% construction loan in NC.
I want a construction loan but want to finance as much as possible. Also what are my options at closing when the loan goes to perm? Do I have to pay PMI? by critlyn511 from Statesville, North Carolina. Jun 24th 2016
Lorne Harvey (lorneharvey)
#77 ranked lender in Washington - 439 contributions
There is not much available in the market place for true construction to perm loans.I would suggest finding a builder who can acquire a lot for you and build the home. Then purchase it from the builder once it is complete.
Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions
Contact a local bank and see if they can help you.
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