Flexible Construction Loans are Still Available

Posted on: March 27, 2008

Contrary to popular belief, construction financing is still available!

Normally I do not like to promote specific programs or loans in my blog, but somewhere in the mortgage meltdown, people started assuming that construction loans were dead! I am here to tell you, construction lending is still here and strong at www.whitewolfemortgage.com !

In fact, we can still offer stated income construction loans to builders and homeowners at up to 95% loan to cost. An individual could finance 100% of the project by getting the seller to carry back the remaining 5% of the project cost.

Here are some of the details:

Up to 95% Loan to Cost

Stated Income / Stated Assets

1-4 unit properties

Spec Construction, Owner Builder or Custom Homes

550 credit score or higher required

Of course, applicants need to be qualified to get these loans, and not all applicants will be accepted. The first step for any individual will be to call us at 503-367-1109 or complete our free online application at www.whitewolfemortgage.com .

Financing for builders is also available under this program. Real estate agents that work with builders are encouraged to call and learn more about the program.

Travis Wolfe operates WhiteWolfe Mortgage in Portland, Oregon. As a local mortgage professional and real estate investor, he has been active in the real estate community since 1997.