New Construction Financing
Your dream home can be your reality with a Construction-to-Permanent loan from Pike Creek Mortgage. Our company has a new construction team consisting of consultants and processors who are experts in this specific field. We provide frequent follow-ups with customers, continual updates to builders and no last-minute surprises.
Loan features include:
- Primary & secondary homes
- Can roll in purchase of lot
- 20% equity required
- Interest only
- Maximum 5 draws
- Maximum term: 9 months from note date
- Borrower investment: 10% minimum
- Contingency reserve: 5%
Contact Pike Creek Mortgage today to speak with an experienced loan officer who can guide you through the process of financing your new construction home. Call (302) 892-2811 or APPLY HERE.
We look forward to working with you!