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Apply Online for Owner-Builder Financing
Sources for Construction to Permanent Loans
As everyone knows, financing is harder to come by than it was a few months ago. Fortunately, there are still some lenders out there who have to make a living and are continuing to make loans to people wishing to buy or build houses. In the past, most of our customers have gotten financing from local sources, and many will continue to do so. However, some need or prefer a national lender. One that we would suggest that you call is Wells Fargo.
Wells Fargo
Wells Fargo, the only AAA rated American bank, has a special department for financing new construction. You can contact Patrick Quinn there to get more information or to apply for financing.
- Construction-to-Permanent Loan Packages: You'll have one application and one closing
- Highly Competitive Rates: Prime Rate + 1.5% during construction
- Reasonable Qualifying Standards: Minimum FICO score 620(FHA) 700 (conforming) 720 (jumbo)
- Flexible Construction Loans: Contingency and interest reserve options
- Available in 45 states
Apply Online
You can submit an online loan application at the Wells Fargo web site. You can also contact Patrick Quinn there at (770) 619-1421 or on his Wells Fargo page at www.quinnloangroup.com. We must point out that Kodiak Steel Homes is not affiliated in any way with Wells Fargo and that we receive no commission, finder's fee, or other compensation for referring applicants to them. In following links from this site to third-party sites, customers agree that they may choose to deal with third parties like Wells Fargo at their own risk and that they understand that Kodiak Steel Homes, Inc. has no influence on or responsibility for loan approvals or any other decisions, arrangements, terms, obligations, or agreements between Wells Fargo or any other bank or lender and its customers.
Click here for a handy mortgage payment calculator.
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