You may of course use any lender of your choosing.
Because we are a qualified home builder with many lenders we can assist with obtaining your construction loan.
We have diligent and competitive mortgage lenders in Arizona that make getting your loan convenient and fast. Lenders will ask you for the standard documentation, your latest income tax returns, statements detailing your assets, your credit history, and so on.
Once you have acquired your Arizona Custom Home Site, some Lenders can allow you to use the equity in your lot and apply it to the overall down payment required to secure your construction financing. The Home Site can then be used as security for your construction loan.
Should you have existing financing on your Home Site, the Lender can then pay off that loan and roll or add that equity loan balance to the construction loan.
Most of the loans do not require any monthly payments to be made until your Home is completed as there is a interest reserve built in to the construction loan !
Should you not have a Custom Home Site selected yet, then now is the perfect time to let us help you find the Home Site of your dreams.
You may also make loan adjustments to help tailor-suit the features that you want to include in your new home, such as adding a pool and spa, etc.
With our Arizona mortgage alliance partners, they can offer you dedicated, top quality service with localized, personal attention, quick decision making, and an overall honest, smooth loan process.
Once the construction funding is secured we will start to build the Custom Home of your Dreams!
Cabaret Homes, Inc. Cabaret Builders,Inc. ROC 201062