Construction Lending

 

Jim Dorney can take you from finding the right lot to build on, to groundbreaking and finally the housewarming party. Building your own home is something we all dream about and when the time comes in your life to make it reality, it begins to sink in, that there is a lot to know before you start. Jim Dorney is here for you.

 

 

   

Jim Dorney has gone to the trouble of printing our own 30 page booklet, “Things You Should Know About Building Your Own Home”. This booklet covers where to build, the architects role, hiring the general contractor, permitting, financing and much, much more. We have also created a Planning Worksheet to help ensure you do not miss any important steps.

 

 

 

 

 

 

 

One Time Close

Our construction-to-permanent loan means one loan application and only one set of closing costs for the whole project. We can take the same loan from the purchase of the lot to design and then through construction ending in the right loan that you choose for your permanent long term mortgage. Normally, when it is time to acquire the permanent loan you just pay for the appraisal. It’s that simple.

 

Types of Transactions

·         Lot acquisition

·         Self build where owner builds home

·         General Contractor build

·         Major home improvement loans

·         Minor home remodeling

·         Bridge loans

 

 

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