Mortgage Broker Or Lender, Wilmington, NC
We offer up to 95% construction perm financing with a one-time close down to a 640 credit score. If your score is 640 or higher, having the land equity as well as the extra cash for down payment and/or reserves, it would improve your chances of approval.
Did you find your loan, Gene? We offer all the regular loans for a construction to perm loan. it's a two-time closing. your land could be your equity so you might be able to keep your 25K. Credit score for this program would be 640.