New Home Construction Financing to Build On Your Lot
WE HAVE OUR OWN CONSTRUCTION FUNDS!
A DOWNPAYMENT MAY NOT BE REQUIRED!
At Southstar, we can carry the cost of building your new home. All we need to get started is a pre-approval letter from a mortgage company stating that you qualify for financing when your new home is complete!
Or, if you prefer, we can help you obtain a construction perm loan with little or no money down.
Construction Perm Loans are available with the following terms:
- Interest Only Payments or No Payments During Construction - Interest Rate is usually Prime Rate plus a small margin - Automatic conversion to a fixed rate loan upon completion of the home - No additional fees (dont have to pay for 2 loan costs)
Other features of the Construction Loan:
- Land purchase and payoff are allowed to be rolled into the new loan. - Loan closing costs are allowed to be rolled into the new construction loan.
Note: One of our partners has over 20 years' experience in the mortgage business and has helped over 3000 buyers!
Abbeville, Aiken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, Berkeley, Calhoun, Charleston, Cherokee, Chester, Chesterfield, Clarendon, Colleton, Darlington, Dillon, Dorchester, Edgefield, Fairfield, Florence, Georgetown, Greenville, Greenwood, Hampton, Horry, Jasper, Kershaw, Lancaster, Laurens, Lee, Lexington, Marion, Marlboro, McCormick, Newberry, Oconee, Orangeburg, Pickens, Richland, Saluda, Spartanburg, Sumter, Union, Williamsburg
We offer construction loans to build on your lot in the following counties of South Carolina:
We pride ourselves on being the best at what we do,
and we’d love to have the opportunity to prove it to you!
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