Looking for a construction to perm loan
It is for my personal residence, loan amount $2 million. I own the lot free and clear and it values at $700k. I have excellent credit. Looking for a 15/1 or 10/1 ARM by rynschwrtz964 from Naples, Florida. Jun 23rd 2017
David Ortega (DavidOrtega)
#51 ranked lender in Minnesota - 231 contributions
That is tough to come by......Jumbo, Construction to Perm.....wish we could help or advise where to start. The construction financing market is still very stringent. More lenders and products are coming to the market every day so I suspect there will be a time when you are able to find what you are looking for. Until then, best of luck to you!
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
Near impossible to find.. A construction loan.. yes,,, a mortgage once completed.,,, yes.. but a construction to perm, on a jumbo.. probably not going to happen.. besides, your far better off just getting a construction loan first.. this why, you are not locked in to one lender once the property is completed.. I'm a preferred Lender with Arizona and California 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. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893
Robert Hanke (rjhjr007@gmail.com)
#268 ranked lender in Florida - 7 contributions
Hello rynschwrtz964,I believe we can help you with this loan request. In order to make this determination, we will need some additional information. Please call or email back with a number for us to contact you. We have multiple construction loan options and if we can not provide exactly what you are requesting , I will advise the closest and best option that we can offer.Best Regards,Robert (R.J.) Hanke | NMLS #1134947Innovative Mortgage Services | NMLS #250769Licensed Mortgage Loan Originator772-261-2400rj@innovativemortgage.biz
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