Construction Loan

Construction Loans- Our construction loan is a two time close loan which means we close you with the interim bank first and then the permanent lender later once the home is 100% complete.

Construction loans require good credit and scores over 720 but scores down to 680 may still be possible.  Down payment on these loans is 20% down or more in some cases and land equity may be considered.  There are two sets of closing costs but its not double as the second closing is usually just the lenders underwriting fee, title fees and setting up the escrow accounts.

We do business with several respectable builders in the Acadiana area so call us today if your ready to build your new dream home!