Construction Loan Inside Secrets: Building Your Dream Home Is Easy Once You Have The Right Loan / Rick Gomez

Book Cover Construction Loan Inside Secrets: Building Your Dream Home Is Easy Once You Have The Right Loan
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/ Rick Gomez
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With today's technology in the home lending world, you can pretty much get any type of construction to perm loan anyway you want whether it’s an adjustable or a fixed product. The problem is most banks simply do not offer construction loans. Some of the best advertised construction loan lenders have below average programs and/or high interest rates. Over the last 5 years many banks have either gone out of business or have stopped providing construction loans altogether.
You literally have to search to find the best construction loans available in today's marketplace and the best way to do that is through a construction loan specialist. Someone that is not only experienced with construction loans but someone that is objective and can tell you the pros and cons of the lenders. Why because the devil is always in the details. It used to be all about the rate now the hidden problems are in the loan to value and how much cash you’re going to need to close once the appraisal is completed.
So I wrote this e-book to help you strip away a lot of the construction loan mysteries out there and help you find the best loans and rates. I have personally built 2 homes over the past twenty years and have funded millions of dollars of construction loans for customers just like you.
Just remember no matter who you decide to work with if you want the best service or product of any kind you need to always work with a specialist versus the jack of all trade. That small bit of advice is worth its weight in gold, for some reason including myself at times people are drawn to good sounding loan officers not “real” specialists. The best way to find a good specialist is to find someone that has been providing construction loans their whole career longer than 15 years.

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