Anyone doing 90% LTV construction to perm loans? FICO score of 813. 700k build out. 250k income.

Asked by Pg44, Atlanta, GA Mon Jul 27, 2009

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Rick Payne As…, Agent, Norcross, GA
Mon Jul 27, 2009
Good Evening Pg 44,

I work with an excellent Mortgage Lender at Southeast Mortgage. Her name is Lisa Armistead. Give her a call at 678-615-5226 or 678-372-1130. Let her know that Rick Payne gave you the recommendation.

Hope this was helpful.

Rick Payne
Keller williams Realty
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0 votes
Dp2, , Virginia
Mon Jul 27, 2009
I don't know many conventional lenders that will, but I know of private lenders and investors that will do it.
0 votes
Luke Allison, , Asheville, NC
Mon Jul 27, 2009
I don't believe anyone can do that on the wholesale/broker side. Your best bet would be to go to a lender directly. We just cut out our construction product but we couldn't do 90% anyway. However, I do believe that either Suntrust or BB&T are currently doing them at higher LTVs. You may want to check with them. However, you are in the "jumbo" range so don't be surprised or offended if you get asked to put 20% down. Good Luck
0 votes
Jodi Smith, , Marietta, GA
Mon Jul 27, 2009
I haven't heard of anything either, but I have a great lender. Bob LeMoine at Community Mortgage in Roswell Georgia: 770-410-4950 or 678-488-4529. He's awesome. Tell him Jodi Smith sent you!

Good Luck!

Jodi Smith, Atlanta Real Estate Agent
Keller Williams Realty Consultants
0 votes
Lee Adkins, Agent, Roswell, GA
Mon Jul 27, 2009
Also try:
Paul Addison – Waterside Lending/Mortgage Broker
(770) 667-1616

If it can be done, he can tell you - whether he can do it or not!
Tell him Lee Adkins gave you his info!

Best of luck to you!

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0 votes
davidwbrower, , Woodstock, GA
Mon Jul 27, 2009
Haven't heard of any lately. You can call my friends at:

Home Savings of America

If there is any available, they'll know. Ask for Kathy.
0 votes
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