Is there a 5 or 10% down construction to perm product for building in South Carolina?

You ask specifically about one available in South Carolina but I can say that all construction to perm loans are similar in most States and you are not likely to find one with 5% to 10% down. We are licensed to do loans in South Carolina though not myself specifically as I am licensed only in California. I think you are just going to have to come up with that 20% required down payment. A conventional renovation loan is available but that hardly helps you with new construction.

No.. in fact, most will require at the very least, 20% or more down.. If however, you already own a lot free-n-clear, and you are building on that lot, then it can be calculated as the required down payment so long as it represents 20% or more of the completed value.. Also, I'm not sure doing a construction to perm is the best loan product.. it will lock you into using the same lender where there might be better loan options available once the time comes.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347