>> New Construction Financing - One Closing

• One-Time Close - Only One Application
• Finance up to 100% of Construction Costs
• Lower Closing Costs
• 620 Minimum Scores (Middle)
• 95% MAX LTV -
  based off "Subject To" Appraised Value
• Construction Interest can be included in Loan
• Closing Costs can be included in Loan
• 10-40 Year Amortizations available
• SISA Programs
• Conforming & Non-Conforming Programs
• No Contractor Approval Requirements
• Great Construction Interest Rates (6.875% - 02/01/07)
• Perm Lock Upfront up to 540 Days (18 Months)
• Capped Rate Floatdown to Current Rates at Completion
• Primary Residence, 2nd Home, Investment Prop
• Five Simple Draw Schedules to Choose from

 >> New Construction Financing - Construction/Perm

• Minimum Credit Score = 640
• Single Application Process
• Dual Loan - Two Closings
• Builder subject to Approval
• Construction Term - Prime Rate Floating
• Financing to 95% of Appraised Value
• Second Home & Investment Property options
• No Long-Term Lock Options
• Perm is locked 45 days prior to completion
• Only Two Draw Schedules Available

Pre-Approvals can take 48 to 72 Hours