New Construction

[Orlando Roche]

Does any here do new construction? I'm Trying to buy s lot, and I was hoping to get hard money to be able to buy the lot and build the house, than at finish get a conventional loan to pay off the hard money loan. Has anyone gone these before?

[MarZia RiVera]

Hello Orlando

Do you have a Plan?  Both a home plan and a business plan to show the lender?  They will need to see the lots your interested in, the engineered for plan with cost from permiting to completion, a draw schedule, the time frame to permit then fir reach draw, the GC you are using with their credentials, the finish appraised value and lastly your credit information and approval letter from lender showing you have the means to qualify to finance the home in completion.