Build A Home and US Mortgage Network have teamed together to develop a unique Construction/Permanent loan for our clients.
With our exclusive Closer Than Ever Mortgage™, our clients enjoy features such as:
Little or no money down
Customized construction draw schedule
We advance you 10% of your construction costs prior to the start of building
Lot financing can be included in your construction loan
YOUR CUSTOM HOME FOR LITTLE OR NO MONEY DOWN
Build A Home’s exclusive mortgage offering with US Mortgage Network has a feature that homeowners use to protect their savings and save on expensive private mortgage insurance: you can use the effort spent managing the construction process as a type of “sweat equity” that can serve as the down payment. For example, let’s imagine your new home would have cost $400,000 if constructed by a traditional builder. But by working with Build A Home and acting as your own construction manager, your home can be built for $320,000. Your $80,000 savings can be applied as your 20 percent down payment. No need for mortgage insurance or draining your savings account.
MOVE JUST ONCE
Most people who are new to homebuilding assume they will have to move twice because they think they have to sell their current residence before obtaining a construction loan to start building their new home. Moving is stressful—no one wants to do it more than once, even for a dream home.
Build A Home has great news: our Closer Than Ever Mortgage™ allows you to stay in your current home while you begin the home building process. Once construction is well underway, you can then place your existing home on the market. With our building experience, Build A Home can help time the process so you are closing on your former residence and then moving into your newly constructed home.
Let us help you build your dream home with our flexible and cost-effective Closer Than Ever Mortgage™.
FOR ALL FINANCING QUESTIONS CALL:
US Mortgage Network
3001 Village Run Road
Wexford, PA 15090
Phone: 724-933-9300
NMLS #146804
US MORTGAGE NETWORK: WESTERN PENNSYLVANIA NEIGHBORHOOD MORTGAGE EXPERTS
Since 1998, US Mortgage Network has been in the business of providing superior mortgage loans and premium customer service for thousands of clients.
