In the market for a construction to perm loan, 90% LTV.

I can offer that type of loan. Contact me at chad@mortgagewithchad.net

My bank, Northpointe Bank, specializes in construction to perm loans. You can put as little as 5% down on a conforming loan amount. The conforming loan amounts for 2018 have been raised from $424,100 to $453,100. There are a few counties that qualify for high balance loan amounts, but Mecklenberg county is not one of them.We are one of the few lenders that I am aware of that allow you to do a concurrent 2nd mortgage behind a first mortgage. This is a great strategy to avoid having to pay MI (Mortgage Insurance). if you would like to discuss lending options with me, please do not hesitate to email at Steven.Jackson@Northpointe.com or call me at 704-992-3329 or on my cell at 510-274-9570.Thanks,Steve

The best advice I can give you is to contact a mortgage banker/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information.

I can help with that option, phil.dumouchel@firstcitizens.com