FINANCING AVAILABLE
Queen Homes Construction to Perm One Close Financing Options
We are proud to have partnered with our preferred lender Ist Signature Lending. They offer the best options to build your custom home and they allow you to use the lot you own as equity for the construction which could mean that you can build your custom home with almost or no money out of pocket. Here are some financing options:
FHA
Option for Primary home owners.
3.5% Down Payment / Include up to 6% CC.
Land towards equity and down payment.
640 credit minimum- $356k max loan amount ($368k+)
VA
Program for all veterans and military personnel.
100% Loan to Value – No money down
NO PMI.
640 credit minimum.
USDA
100 LTV – No Money Down.
Include up to 6% in CC
640 Minimum Credit Score.
CONVENTIONAL
Program for homes that exceed the FHA limits.
95% LTV.
No PMI / 700 credit minimum.
Second Home product.
$548,000 max Loan amount ($575k+).
CASH
We can build your home in draws with a cash payment, the first draw will be 25% and the remainder will be divided in monthly draws. And after monthly draws, the bank will inspect the work performed as well as the county inspector to make sure the work has been performed on a timely manner and according to building codes.
INVESTOR FINANCING
Investors are virtually approved with QUeen Homes, all you need is your corporation, the lot has to be paid off, 30% Down payment and your closing costs. This construciton loan for investors does not rely on your income or taxes , it is done on your corporation and does not show on your credit report.
Every Queen Home Starts With a Conversation
If you'd like to understand whether Queen Homes is the right fit for your custom home or investment property, we'd love to talk.
No pressure, no obligation, and no hard sell.
Just an honest conversation with people who will tell you exactly what they think – even when it's not what you were expecting to hear.
Or simply call us. We're real people who answer the phone.