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Construction to Perm Loans in Charlotte with 90% LTV, Do they exist?

by ian.carras344 from Charlotte, North Carolina. May 3rd 2017 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Probably.. but it's not an easy loan to find. .most will want 20% down... Also, you might want to leave your option open so when the home is finished and you are looking to obtain financing, you can go with the best offer and not be tied to the lender you selected upfront.. 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

May 3rd 2017
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LaWanna Bradford (lawanna@bradfordgroupmtg.com)
#107 ranked lender in Georgia - 9 contributions

There are construction to per loans, but as Williams stated, they are difficult to find. We do offer a couple of programs. Are you seeking for primary or investment property? What is the property type? Is the land free-and-clear, or are you seeking an acquisition loan for that also. Please feel free to contact me at 404-618-2824 or lawanna@bradfordgroupmtg.com

May 3rd 2017
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LaWanna Bradford (lawanna@bradfordgroupmtg.com)
#107 ranked lender in Georgia - 9 contributions

As William stated, they do exist, but they are difficult to find. There are a couple of questions that have to determine if some of our programs will fit your situation. Are you seeking construction to perm on owner-occupied or investment property? What is the property type? Do you own the land, or will you need an acquisition loan for that? Please call me at 404-618-2824 or lawanna@bradfordgroupmtg.com to discuss your scenario in detail. I look forward to speaking with you soon.

May 3rd 2017
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Jackie Peck (JackiePeck)
#81 ranked lender in Georgia - 21 contributions

United Community Bank offers a 10% down CP loan one time closing depending on loan amount and credit score. This is for primary homes in NC, SC, GA, and TN. Jackie Peck NMLS#511778Jackie_peck@ucbi.com or direct #404-483-9526

May 8th 2017
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