11/20/2023
Construction loans available ...
Traditional builder - one time close - 30 year fixed - interest rate high 6's and low 7's - max debt-to-income ratio 49.9% - 95% of value/cost max loan - APR 6-8ish%
Owner builder 8.5% - 12 month construction loan - max debt-to-income ratio 43% - 90% of value/cost max loan - APR 9.5%
Owner builder 8.5% - one time close - 31 year loan - fixed for first 6 years - max debt-to-income ratio 43% - 90% of value/cost max loan - APR 8.9%
call 281-687-0928 for more details