Construction - Permanent
Our construction permanent financing products allow individuals building a residential property to obtain financing for the construction portion of their home as well as the permanent financing, saving on closing costs because of the one-time closing.
Our construction permanent financing products allow clients to:
- Obtain up to 100% financing
- Get a construction permanent loan on a primary residence, second home, or an investment property
- Guarantee a capped rate with the ability to float down if the market improves
- Pay the same rate during construction as the permanent financing rate
- Lock-in up to 18 months out
- Create a flexible draw schedule with the builder
- Establish an interest reserve, allowing the client to finance the interest payments during construction into the loan amount.
- Use the appraised value of the property to determine a loan to value on primary residences and second homes
- Obtain stated income financing
- Finance closing costs into the loan
Our construction permanent financing products are some of the most flexible products on the market and coupled with the service that we provide during the loan process it makes the building of your home easier and less cumbersome.
(Disclaimer) O'Sullivan Creel Mortgage Solutions is a registered name of F&D Advisors, LLC, 600 Peachtree Street NE Suite 1910, Atlanta, GA 30308. F&D Advisors is a registered Florida mortgage licensee.