im looking for the best construction loan rates with the lowest down payment any ideas?

The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

DEPENDS on your credit , but usuallly around 3.5% ish, with 20% down please go to www.yourloanpartnerforlife.com linda or email me at yourloanpartnerforlife@live.com

We have the best program out there that we know of. We have Construction Programs with 20% down and rates around 3.5% interest only for 12 months. Our other Division is www.ConstructionLoanWarehouse.com if you would like to research our construction programs. My direct line is: 888-320-7888 - Ken Burrows The only other option is to possibly get a builder to finance you or front the construction costs.

TD Bank has an extremely competitive construction loan product. Reach me at 866-488-3000 to discuss further.

I am in the Richmond market and work with Monarch Mortgage and we have a 90% construction/perm loan providing the totatl amount is below $417,000(a conforming loan amount) We approve the builder and approve you as the borrower and have one closing.Call me if you would like , Joni Moncure 804-402-1084

Generally it's best to contact a local lender or broker to find the best rates in your area based on your credit profile and income.

Construction/Perm loans will depend on several factors but you can find anywhere fom 3.5%-12% on the interest only(6-12month) portion so it pays to shop around.

Hi there, I have a couple of great lenders that I can refer you to if you're still searching for the right one. Let me know if you'd like me to make an introduction