PURCHASE OR REFINANCE
Construction Home LOAN
Let Us Help You Find Funding When You Can’t Pay For The Cost Of Your Project Up Front.
Whether you’re building your dream home or planning a big renovation, a construction loan can help you make your plans a reality. Creating a home that fits your exact specifications can be a complicated and expensive process, which is why many people take out a loan to cover the costs.
A construction loan can give you the money to cover labor costs and materials, as well as permits, framing, interior finishing, and other expenses involved with your build. Contact Patriot Home Mortgage to learn more about your options.
Construction Loan Requirements:
- GOOD TO EXCELLENT CREDIT
- STABLE INCOME AND PROOF THAT YOU WILL PAY BACK THE HOME
- DOWN PAYMENT OF AT LEAST 20%
- DETAILED CONSTRUCTION PLANS FOR YOUR PROJECT
- AN APPRAISAL FOR YOUR HOME AND LAND
Build, Renovate, or Create Your Dream Home
Whether you’re starting fresh, upgrading an existing space, or tackling a fixer-upper, construction loans give you the flexibility to turn your vision into reality. Patriot Home Mortgage is here to guide you through the right option for your needs.
Construction Loans
Finance your new build from the ground up with loans tailored for land, permits, and construction costs.
New Construction
A construction-to-permanent loan covers land and building, then converts to a mortgage. A construction-only loan funds the build but must be paid off when it’s complete.
Home Renovations
Buy a fixer-upper with confidence. Renovation loans bundle purchase and upgrade costs, often with a built-in buffer for surprises.