Do You Currently Own a Vacant Lot? Are You Considering Building A Home?

GREAT! Because at R.A.F. Mortgage we have the construction loan product for you! At R.A.F. Mortgage we have specialized in construction lending since 1984. As a mortgage brokers, we are able to help you find a lender to meet your specific needs. We offer a unique selection of construction loans designed to allow you to build with a minimum investment down, along with 'make sense' underwriting.

Construction to Permanent Financing - Includes the lot, construction, & permanent financing - all in one great loan! The one time fees and appraisal save time & $$ Automatic "roll down" feature protection guarantees you current market rate at move in time. You won't have to worry about applying for permanent financing, even if your financial situation changes during construction loan programs that allow for up to 95% financing. You may pay off your lot in the primary loan; any costs already into project will go towards your down payment. No payments during construction, all fees may be included in loan Customized draw schedule for your builder; quick response, fast funding Loan programs for borrowers who have no proof of income, no proof of assets, previous credit issues.

Remodel/Rehab Loan - All of the same features as above. If you are looking to remodel or do major rehabilitation on an owner occupied property, this is a great program! Investor/ Rehab Loan - Like to purchase investment fixer properties? Do you miss the F.H.A. 203 K loan. We will lend up to $350,000 1-4 units, 85% cost to build, all fees may be included in the loan. Call for further information.

Spec Building - Do you build spec homes on occasion? This loan requires no personal guarantee by the builder; no need to vest out of your corporation, so long as you qualify as a builder.

Do You Own Investment Properties? - Non-owner occupied - 90% L.T.V refinance - Non-owner occupied 80% Cash-out, also 75% cash out stated income - all loan products allow 2-4 units; this is for A paper credit only and it is the best priced, most flexible investor product I have ever experienced! If you have experienced past credit issues -please call - We have a variety of other loan products. Call for details.

Lot Loans - 75% Loan to value; 2 year fixed or 5 year adjustable / amortized for 30 years.

Anything else? We can also offer you financing on large residential construction projects, manufactured homes, log homes, steel framed homes, and model homes. RAF can offer you excellent pricing on conventional loan products as well. Please contact us for rates and programs - you will be glad you did!

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