Construction Loans
Whether you are Building a new home or making improvements to an existing one, I have several construction loan plans that will allow you to get a hold of your financing and get it done quickly.
Here are the advantages you will see by taking advantage of our new construction loan program:
- We use appraisal value for the loan - not cost of project!
- Loan closes only one time (saves you 50% in fees)
- Up to 18 months to finish build
- Loan can be used for renovations, new construction, and home improvements
- Stated Income to 90% of appraisal
- Full documentation to 95% of appraisal
Builders, if you have spec homes on the market, we can also save you from extension fees by offering you a refinance loan with no origination fees! This beats paying extension fees to your current lender. Give me a call today at (732) 238-1100 or apply online now and I will get in touch with you.
Stephen Gallo, Director of Sales & Marketing
Parallel Mortgage Corp. - 555 Route 18 South – East Brunswick NJ, 08816
Office Phone: (732) 238-1100
Cell: (732) 501-3797
Fax: (732) 348-9513
Email: sgallo@parallelmtg.com
Licensed Mortgage Broker N.J. Dept. of Banking & Insurance.
