Construction Loans

 FHA - 1 X Close Construction Loans 

  • 3.5% Down w/ 580+ FICO scores  (includes land and construction)

  • 10% Down w/ 530-579 FICO scores  (includes land and construction)

  • Owner Occupied Only

  • Single Family Dwelling and Manufactured Homes

  • Builder can pay for Closing Costs and Interim Interest Payments (optional)

  • 10-30 yr. Programs

  • Equity from owned land is Allowable

 VA - 1 X Close Construction Loans

--0% down w/ 530+ FICO scores  (includes land and construction)

--Owner Occupied Homes Only

--Single Family Homes Only

--Builder can pay for Closing Costs

--Builder must pay for Interim Interest Payments

--30 yr. Programs

--Equity from owned land is Allowable

--VA County loan limits apply

USDA - 1 X Close Construction Loan

--0% down w/ 620+ FICO scores  (includes land and construction)

--Owner Occupied Only

--Manufactured Homes Only

--Builder can pay for Closing Costs

--Builder must pay for Interim Interest Payments

--30 yr. Programs

--Owned land is allowed

--USDA County income limits apply

--Visit the USDA Eligibility website for eligible properties

Call (614)486-5626 from 9am to 6pm daily