Banner Pacific Mountain Central Eastern
RESIDENTIAL CONSTRUCTION
RESIDENTIAL
COMMERCIAL
BROKER CENTER
CONTACT
   
SELF BUILD CONSTRUCTION LOAN

This program is designed for Borrowers who are acting as their own general contractor to construct a residential property. Upon completion, the loan may be converted at no cost to a permanent loan with Normandy. Refer to “One Close” Construction/Permanent Loan (see permanent loan rates below).

    The Normandy Advantage:
  • Borrower acts as own General Contractor (No site supervisor required)
  • Loan amounts from $75,000 to $2,000,000
  • Loan amounts of 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)
  • Rates start at 6.95% during construction (requires “One Close” Construction/Permanent Loan with Normandy)
  • 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
  • Loan programs available to Borrowers with less than perfect credit
Loans available in the following states: AK, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, MA, MD, ME, MI, MT, NH, NJ, NY, OH, OK, OR, PA, RI, SC, TN, UT, VA, WA, WY

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.

NORMANDY CORPORATION
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

 

 
 
 Copyright © 2007 by Normandy Corp. All rights reserved.
Web design by Tim Bayer Productions; www.TBayer.com