Pre-Qualify Now
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.
CONSTRUCTION TO PERMANENT LOAN (NJ and NY only)
This program is designed for Borrowers acting as their own General Contractor or hiring a Qualified Builder to construct their home. Once your home has been completed with the construction funds, the loan converts to permanent financing. Loans available in the following states: NJ and NY
The Normandy Advantage:
- Loan amounts of $75,000 - Fannie Mae / Freddie Mac maximum loan limit per county
- Loan amounts of up to 90% of the appraised value on single family, owner occupied, full income documentation, conforming loan amounts. Please call for additional information on other programs offered.
- Land purchase may be included in the loan up to 75% of the lot purchase price
- 12 month construction term
- 15 to 30 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 3 to 5 business days
- Deal directly with the Loan Officer/Underwriter
- Flexible draw schedules
- Interest only payments during the construction term
- Loan programs available to Borrowers with less than perfect credit
Call today @ (800) 390-7536 or use the "Pre-Qualify Now" link above.
NORMANDY CORPORATION
NMLS #71492
Principal Business Address: 46 Prince Street, Rochester, New York 14607
585-256-2600 * 800-390-7536 * Fax: 585-256-2836
Email: info@normandy.com
Hours: Monday - Friday 9 am to 5 pm
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