Conventional, Jumbo, FHA, VA and Rural Development Construction Loans in Michigan, Florida and Georgia. Ohio in 2019.

Have you been told by another lender that the FHA and VA don't do construction loans? Don't believe it, they do! I've closed them.

Home constructed with an FHA Construction Loan in Michigan.

Welcome to my website on Construction Lending!


I hope you find the information here useful. Let me give you a quick description of some of the guidelines for each program;


Conventional 1x Close- This is the best program with the best rates and fees. One closing, one set of fees. You must have at least a 700 credit score with 20% down, 720 score with 10% down. 


Conventional 2x Close- If you plan on being your own General Contractor, or doing some of the work yourself, this is the program you will have to work with. Two closings, two sets of fees. You will need at least 10% down, more likely 20% and a score in the 700's.


Jumbo 1x Close- Now offering Jumbo 1x close construction to perm loans up to $3,000,000! 15% to 30% down, minimum 720 to 760 credit scores. Call for details.


FHA/VA/USDA 1x Close- If you don't qualify for a conventional program these government programs can be the answer. They have lower down payments (3.5% for FHA, 0% for VA and USDA) and lower credit score requirements, 620 minimum. You can even roll in the construction loan fees and interest during construction.


Rehabilitation Loans-  Rehab loans for short. These loans are for existing homes that need a little, or a lot, of work. The most widely known program is the FHA 203k program, the VA, Fannie and Freddie also offer these loans.


Call or email me if you have questions or wish to be pre-qualified.


Welcome to my website on Construction Lending! Take a look around and feel free to call or email me for a personal consultation. I look forward to hearing from you. Lending in Michigan, Florida and Georgia. Ohio in 2019.