(302) 892-2811
info@pikecreekloans.com
Property Eligibility
Designed for both primary residences and secondary vacation homes. We provide the flexibility to build where you want to live.
Can roll in purchase of lot
Loading
Our construction-to-permanent loans simplify the building process. Our team of consultants and processors are experts in this field, providing frequent follow-ups and no last-minute surprises.
We streamline the complexities of building a home, so you can focus on the design while we handle the financing architecture.
Work with a dedicated team specializing exclusively in the nuances of new construction lending.
Combine your construction financing and permanent mortgage into a single, seamless transaction.
Frequent follow-ups and clear updates ensure there are absolutely no last-minute surprises.
We maintain direct lines with your builder to manage draws and keep your project on schedule.
Designed for both primary residences and secondary vacation homes. We provide the flexibility to build where you want to live.
Minimum required equity stake for construction-to-perm conversion.
Pay only the interest on funds as they are drawn during the build phase.
Structured disbursement schedule to keep construction moving.
Standard construction period before automatic conversion.
A minimum of 10% borrower investment is required. A 5% contingency reserve is established to protect against unforeseen costs.
Start with a comprehensive pre-approval to determine your construction budget and permanent mortgage terms.
We manage the draw process directly with your builder, ensuring work is inspected and payments are made on time.
Once construction is complete, your loan automatically converts to a permanent mortgage-no second closing required.
Start building your dream home today with our new construction loan experts.