New Construction

One loan covering the entire home building process from groundbreaking to housewarming!

Our construction loans offer one settlement, and one low rate during construction that automatically converts into a fixed rate loan once your new home is complete.

As your home is being built, funds are advanced according to a draw schedule that you and your builder agree upon. Pay interest only on the amount that is drawn on the loan.

New Construction loans are available for the following loan types:

• Conventional – up to 95%
• FHA – up to 96.5%
• VA – up to 100%
• USDA – up to 100%

Construction loans are a completely different lending concept from conforming loans. For more information, speak to David Stallings or one of our team members today for more details at 678-561-2504.