Construction Loans

 

Groff is pre-approved as a Builder with several Local and National Banks.  We work with our clients to secure a loan to build or buy your new home.  Contact our sales team to start the pre-approval process so we can help you find the perfect home.

 

If you do not quailify for terms below contact us and we will work with you to find the right lender.

FHA One-Time Close Construction to Permanent Loan

Loan Purpose:

Loan Amount:

Minimum Credit Score:

Loan to Value:

Lending Territory:

Loan Term:

Rate:

Borrower Equity Required:

Max Debt-to-Income Ratio:

Highlight:

Construction of owner occupied primary residence; 1-4 unit

Up to county limits for FHA loans

640

Up to 96.5% Loan to Value/Cost

All of Florida

Construction up to 12 months; Permanent loan 30 years

30 year fixed rate, locked up front or floating through construction

Minimum 3.5% down payment

43% *exceptions made on a case-by-case basis

No re-qualifying required; true one-time close

Conventional Construction Loans

Loan Purpose:

Loan Amount:

Minimum Credit Score:

Loan to Value:

Lending Territory:

Loan Term:

Rate:

Borrower Equity Required:

Max Debt-to-Income Ratio:

Highlight:

Construction of owner occupied primary residence; 1-4 unit

Up to county limits for FHA loans

640

Up to 96.5% Loan to Value/Cost

All of Florida

Construction up to 12 months; Permanent loan 30 years

30 year fixed rate, locked up front or floating through construction

Minimum 3.5% down payment

43% *exceptions made on a case-by-case basis

No re-qualifying required; true one-time close

VA One-Tme Close Construction To Permanent Loans

Loan Purpose:

Loan Amount:

Minimum Credit Score:

Loan to Value:

Lending Territory:

Loan Term:

Rate:

Borrower Equity Required:

Max Debt-to-Income Ratio:

Highlight:

Construction of owner occupied primary residence; 1-4 unit

Up to $750,000

640

Up to 100% Loan to Value/Cost *up to $417,000

All of Florida

Construction up to 12 months; Permanent loan 30 years

30 year fixed rate, locked up front or floating through construction

No down payment required

43% *exceptions made on a case-by-case basis

No re-qualifying required; true one-time close

GROFF HOME BUILDERS

1490 NE Pine Island Rd.

Building 5 Unit A

Cape Coral, FL 33909

833-Groffhm (476-3346)

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