Welcome to American Nationwide Mortgage Company at Construction Loan Division. Our experienced team is dedicated to help you the loan you need to build the new house. Whether you own land that you want to build a new home or you're interested in purchasing a home to be constructed in a development or subdivision (purchase upon completion), you'll help you to build your dream home.
We offer Construction to Permanent loans for new manufactured, modular homes and stick built (custom). We can offer all types of construction loans including VA, and FHA. Our one time close program provides construction financing, lot purchase, and permanent loan, all wrapped up in one loan. Why worry about re-qualifying, re-appraisal or incurring additional closing cost? We also help in 203K, renovation loan and builder's project. It is all about the types of loan, borrower's qualification and our guidelines. If you are home builder, we would love to partnering with you. We can help each other.
Here are few benefits for our construction loan:
1. Minimum credit score 620
2. As low as 100% LTV, can use equity as a down payment
3. One time closing option to reduce the cost and risk
4. No payment due during the construction time
5. Experienced team to help your paperwork
6. Minimum 2 years Bankruptcy or 3 years Foreclosure
We hope that by helping financially sound construction projects more easily find construction money we will make our own contribution to boosting the economy in our own small way by stimulating new construction and creating more construction jobs.
We would love to help Home Owners, Builders, and Realtors to close more loans at American Nationwide Mortgage Company. Contact us now for details.
If you want us to pre-qualify your loan first before provide all construction drawing and permit, please apply online now!!! DON'T waste your time or hurt your credit to apply lead origination company or non-licensed financing company. Apply with us directly and save your time and money. If you are not sure how to proceed, please contact us with your question and information. We would love to make it simple for you. Again, thanks for your time to visit our site.