Construction Loans

What is a Construction Loan?

A home construction loan is a short-term, high-interest product that provides the funds required to build a residential property. There are several types of construction loans, including construction-to-permanent and construction-only loans. Depending on your construction loan type, you may be able to convert it to a mortgage after your home is finished.

You can use a construction loan to cover costs including:

The land
Contractor labor
Building materials
Permits

Construction Loans Requirements

Proof of income and assets.
Typically minimum 2 builds and 1 rehab experience required
Minimum Down payment is typically 30%
Loans available for single family and multi-family properties
Not for tract home projects or new subdivisions (10+ homes)

Fill Out Application Today!

EquiMaxMortgageLLC makes it easy for you to apply for a home loan.
Once you’re done, one of our Loan Officers will get in touch with you. Our experienced and knowledgeable Loan Officers will help you choose the right home loan for your needs. We aim for 100% customer satisfaction.
Fill out the application today and get started on the path toward purchasing your dream home.