• November 2023
  • Posted By: Michael Leake

Sarasota Florida

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Sarasota Florida Construction Loan

Sarasota Florida

If you want to design for manufactured, modular, and stick-built housing, this program offers an all-in-one financing option for construction, lot purchase, and permanent mortgage funding with one closing. This means that your loan is closed before construction begins

Sarasota Florida Construction Loan

  • 70% LTV with no re-qualification required post-construction
  • 90% LTV option with requalification required post-construction
  • Loan amounts up to $484,350, or more in high balance areas
  • Rate can be locked at any time during the loan application/process
  • Simple and flexible draw process with no set schedules
  • Pay just interest-only payments during construction
Construction Loan / Sarasota Florida
Loan Request
  • 15-year conventional
  • 30- year conventional Eligible properties include
  • 1-unit site-built homes
  • Planned Unit Developments (PUDs)
  • Modular homes
  • Site condominiums
  • Rural properties
Construction Loan / Sarasota Florida
Loan Request
Florida Home
Florida Home Interior
Florida Pool

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Category

  • 15-year mortgage - 15-year conventional
  • 30- year mortgage - 30- year conventional Eligible properties include
  • 1-unit - 1-unit site-built homes