How to Get a Construction Loan? » Mortgage Masters Group

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Mortgage Masters Group Mortgage Masters Group NMLS Branch ID#: 373290 Phone 772-340-4003 Email doug@mortgagemastersgroup.com 481 SW Port St. Lucie Blvd. Ste. A Port St. Lucie FL 34953 View my complete profile

Building New Construction Homes  How to Get Financing / Loans | MELANIE  TAMPA BAY If you’re thinking about borrowing to build a new home, you need to be aware of the complexities of construction lending. Paying a mortgage on your current home while looking for a construction loan will require you to show you can cover both loans. There are some workarounds if that’s not the case.

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A construction mortgage is a loan borrowed to finance the construction of a home, and typically only interest is paid during the construction period. Once the building is over, the loan amount.

Stand-alone construction: Your first loan pays for construction. When you move in, you get a mortgage to pay off the construction debt. When you move in, you get a mortgage to pay off the.

Today’s technology is providing a more productive environment to work in. For example, through our website you can submit a complete on-line, secure loan application or pre-qualify for a home loan. You may also evaluate your different financing options by using our interactive calculators and going over various mortgage scenarios.

My wife and I went to Mortgage Master Service Corp for our first home loan 5 years ago. Since then and with continued guidance from our loan officer, we have just completed our second refi. MMSC’s understanding of our needs and detailed education through the process is allowing my wife and I to complete the remodel of our dreams in a much.

Indiana Mortgage and Home Loan Company. At Mortgage Masters we’re truly passionate about your Evansville and Bloomington Indiana Mortgage and home loan, reverse mortgages and refinancing, and the result is that nearly 100% of our business is by referral from satisfied clients and the most experienced realtors.

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