Construction Home Mortgage and Lot Loans
PROGRAM NO LONGER AVAILABLE.

Single close saves the costs typically involved by only requiring one closing instead of two!

FINANCE UP TO 95%
30 DAY RATE LOCK
60 DAY RATE LOCK AVAILABLE
1 CLOSING FOR THE CONSTRUCTION LOAN AND THEN NO OTHER CLOSINGS
12 MONTH INTEREST ONLY CONSTRUCTION PERIOD
RATE FIXED UNTIL THE END OF THE ARM PERIOD
CONVERT TO A 30 YEAR FIXED RATE AT THE END OF THE ARM PERIOD - NO CLOSING
1/1 ARM AVAILABLE - PLEASE CALL FOR RATES

Lot Loans in Wisconsin
Illinois lot loans have different guidelines and rates. Please inquire.

LOT LOANS AVAILABLE AT DIFFERENT RATES
90% LTV UP TO AND INCLUDING 5 ACRES
80% LTV GREATER THAN 5 ACRES AND UP TO AND INCLUDING 20 ACRES
70% LTV GREATER THAN 20 ACRES AND UP TO AND INCLUDING 80 ACRES
1/1 ARM AND 3/1 ARM AVAILABLE - NOT CONVERTIBLE TO FIXED RATE
THE LOAN IS AMORTIZED OVER 20 YEARS
MUST BE BUILDABLE
MINIMUM LOAN AMOUNT OF $25,000.00
MAXIMUM LOAN AMOUNT OF $250,000.00
RATES  ARE SUBJECT TO CHANGE WITHOUT NOTICE