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Landmark Mortgage Programs

New Construction

Save money with construction financing that’s bundled into one closing package.

Landmark Mortgage Lender’s Construction Loan eliminates the time and costs associated with refinancing.

  • Designed to advance funds during the construction of your home
  • Fixed and adjustable rate mortgages available
  • Single family residence or vacation property with one loan for both construction and permanent financing
  • Up to eighteen months construction period
  • Interest-only payments for the first year on funds advanced during construction
  • Interest rate locked for the permanent loan
  • Land financing available

Generally Required Documentation:

  • Completed Mortgage application
  • Building plans and Specifications
  • Line item budget
  • Copy of purchase and sales agreement
  • Building permits and sales agreement
  • Construction Contract
  • Builder’s License
  • Certain circumstances may require additional information

 

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© Landmark Mortgage Lenders Corp, 2007

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Licensed in Rhode Island, Connecticut, Massachusetts and Florida.
RI-20041622LB; MA-MB3560; CT-14772 & 14978