| 1 APPLICATION | 1 SET OF FEES | 1 CLOSING |
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WE HAVE THE TOOLS TO BUILD YOUR DREAM HOME
Discover a personalized approach to our One-Time Close Construction to Permanent Financing for Barndominiums/Shouses. Some restrictions may apply*.
BENEFITS
Single Closing |
Competitive Rates |
Interest Only During Construction Phase |
GUIDELINES
- Minimum Credit Score of 660*
- Up to 75% LTV on Primary Residence or Secondary Homes*
- 25% Down Payment Required*
- 5, 7 & 10-Year Terms
- Maximum 25-Year Amortization
- Balloon Payment May Apply
WHEN YOU'RE READY TO BUILD YOUR DREAM HOME - WE'RE HERE TO HELP!
LET'S GET STARTED!
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COLETTE DAHLIN | VICE PRESIDENT, COMMUNITY BANKERTo keep your information secure, please not not include confidential or personal information when sending an email. |
*Originated Loan is subject to credit approval and underwriting standards. The interest rate is based on your Credit Score (FICO score), Debt to Income (DTI) ratio & Loan to Value (LTV) ratio. Standard closing costs apply, with borrowers responsible for specific fees to third-party appraisers, credit reporting agencies, and government recording clerks. Closing fees on a $50,000.00 loan are generally between $3000.00 and $5000.00. Property insurance is required. An appraisal may be required. Consumers should consult a tax advisor for deductibility of interest information.