- October 24, 2017
- Posted by: Michael Meyer
- Category: FHA 203k
Connecticut Land Construction
We are your Connecticut Land Construction resource. At Northeast Financial, we cover the entire state of Connecticut for when you need a mortgage. More specifically, we offer a 1 Time Close Ground Up Construction Home Loan program. That means we can help you buy the land and build the house of your dreams.
In Addition, we will work with you every step of the way to help you reach your goals.
Some helpful information:
Minimum 620 credit score
One time appraisal, closing costs, underwriting and approval
No payments until construction is complete!
Designed for manufactured, modular, and stick-built housing
WHAT ABOUT THE LAND?
The land can be currently owned (build on own land): recently purchased or free & clear -or even with a mortgage(s)
The land can be purchased: simultaneously from the builder or even a third party
Land may even be gifted
Land equity will be used as your down payment.
Seller Concessions are allowable to maximum FHA guidelines. Therefore, if you own the land and have equity, you may be able to come to the table with no money down!
Finally, Your dream of building a home just got closer to a reality. Call me today for a free consultation so we can discuss your Connecticut Land Construction needs!
Senior Vice President of Northeast Financial
210 S. Main St Middletown, CT 06457
Residential Clients: Click Here For Application