UTAH NEW CONSTRUCTION SPEC LOAN

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Available for new home construction or major remodeling projects. Low fixed rate during construction period. Low down payment options available. No maximum construction loan amount. initial construction phase has one extension available. Construction disbursements to your builder are processed by Zions Bank.

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– Spec Homes OK For Builders & Investors!. Alaska, Hawaii, Idaho, Maine, Montana, Nevada, New York, North Dakota, Puerto Rico, South Dakota, Utah and Vermont All investor loan transactions must close in the name of a business entity! NEW CONSTRUCTION LOAN FUNDING GUIDELINES 1.

How Do I Know If I Should Refinance My Mortgage? How Do You Know If You Should Refinance a Mortgage? Refinancing a mortgage is when you pay off the existing mortgage and set up a new mortgage. Homeowners can choose to refinance with their current lenders or find a different lender.

We Are The Utah Construction Loan Experts Ron Pippin is a local lender providing construction loans for new home construction, remodels, additions and rehab construction projects in Utah. Whether you’re a builder or a homeowner, Ron Pippin has the construction loan program you need.

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It’s typically harder to get a construction loan than a regular mortgage. You’ll need to shop around, using a construction loan broker if necessary. Hire a builder with a strong reputation and gather required paperwork for your loan application. If approved, you only have to pay interest on the loan during construction.

Whether you need to build a commercial location or your new home, a Utah First Construction Loan can provide you with a strong foundation. We can help you find a rate and a term that fit your needs, and we’ll walk you through the process step by step, brick by brick. It’s time to build your future, your way.

How an FHA Construction Loan Works. BY The Lenders Network. 2 minute read. If you’re looking into construction loans then you’re either building a new home from the ground up, or buying a fixer-upper home and renovating it. fha home loans are great because of.

Construction and Valuation. This page contains supplemental information and guidance from the Construction and Valuation Section (C&V) on VA Loan Guaranty Program property requirements and appraisal issues.

Buying new construction is like any home purchase: you need a team with your own interests at heart. Research, interview, and hire your own real estate agent, and apply to multiple mortgage lenders to find the best deal, just like you would with an existing home purchase.. Builders often have an agent on site and preferred lenders, and it’s not uncommon for them to suggest buyers just use.