Construction Loan | Sarasota Florida

  • March 2024
  • Posted By: Michael Leake

Sarasota Florida near Ashburn or within Virginia?

There are many different mortgage providers, from globally known brands to more localized institutions. The range of choice means that you need to do a bit of research in advance to understand how to make an educated decision about which loan suits your financial needs.

Sarasota Florida

If you want to design for manufactured, modular, and stick-built housing, this program offers an all-in-one financing option for construction, lot purchase, and permanent mortgage funding with one closing. This means that your loan is closed before construction begins

Featured Sarasota Florida Option Package Deals

Features and Benefits

Package includes:
  • 70% LTV with no re-qualification required post-construction
  • 90% LTV option with requalification required post-construction
  • Loan amounts up to $484,350, or more in high balance areas
  • Rate can be locked at any time during the loan application/process
  • Simple and flexible draw process with no set schedules
  • Pay just interest-only payments during construction
$Call / person
Book or Inquire

Renovations available on existing homes Loan types and terms

Package includes:
  • 15-year conventional
  • 30- year conventional Eligible properties include
  • 1-unit site-built homes
  • Planned Unit Developments (PUDs)
  • Modular homes
  • Site condominiums
  • Rural properties
$Call / person
Book or Inquire

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Category

  • 15-year mortgage - 15-year conventional
  • 30- year mortgage - 30- year conventional Eligible properties include
  • 1-unit - 1-unit site-built homes