Your dream home can be your reality with a Construction-to-Permanent loan from Virgin Bay Mortgage. Our company has a new construction team consisting of consultants and processors who are experts in this specific field. We provide frequent follow-ups with customers, continual updates to builders and no last-minute surprises.
Loan features include:
Primary & secondary homes
Can roll in purchase of lot
20% equity required
Interest only
Maximum 5 draws
Maximum term: 9 months from note date
Borrower investment: 10% minimum
Contingency reserve: 5%
Contact Virgin Bay Mortgage today to speak with an experienced loan officer who can guide you through the process of financing your new construction home. Call 1-340-714-0033 - we look forward to working with you!
Call us today at 1-340-714-0033