ONE CLOSE CONSTRUCTION/PERMANENT LOAN

This program is designed for Borrowers acting as their own General Contractor or hiring a Qualified Builder to construct their home. Both construction and permanent financing is provided in one easy process. Once your home has been completed with the construction funds, the loan automatically converts to permanent financing.

"ONE APPLICATION, ONE CLOSING, ONE SET OF CLOSING COSTS"          

The Normandy Advantage:
• Loan amounts of $75,000 - $2,000,000
• Loan amounts up to 90% of the appraised value on single family owner occupied homes (up to 80% of appraised value on 2 to 4 family owner occupied and non-owner occupied homes)
• Land purchase may be included in the loan up to 80% of the lot purchase price
• 12 month construction term (up to 18 months on an exception basis)
• 15 to 40 year terms, fixed rate, ARM's and interest only programs available for permanent financing (extended rate locks available)
• Borrower may act as own General Contractor (no site supervisor required)
• Fast pre-qualification, typically within 1 to 3 business days
• Deal directly with the Loan Officer/Underwriter
• Flexible draw schedules
• Interest only payments with flexible payment options during the construction term
• Loan programs available to Borrower's with less than perfect credit

Loans available in the following states: AK, CA, CO, CT, DE, FL, GA, IA, IN, KY, MA, MD, MI, NJ, NY, RI, TN, VA

Call today @ (800) 390-7536 or click the "Contact Me" or "Pre-Qualify Now" button above.

The "Pre-Qualify Now" link is for NON-BROKERS ONLY. Brokers should refer to Broker Center. Broker Agreements will not be honored by Normandy if Broker submits a Pre-Qualification using the consumer link above.