So you did it – you bought a tract of land up north in Payson, Prescott, Flagstaff or Showlow and now you’re ready to build your dream home in Arizona. I lived in Phoenix and Tempe AZ for over 20 years and we had a 38 acre plot up in the Prescott Valley area – the temperature is literally 20-30 degrees cooler in the hot summer months! If we’d stayed in Phoenix any longer we would have taken the next steps which is to figure out how to to build your vacation home away-from-home. So remember, when you are ready to build your dream home in Arizona – one of the first steps is to get your financing for this new construction Residential to move forward on your project.
When you’re ready to build your dream home in Arizona read this article to find funding source for your new construction build
Where do you start?
Have no fear, Valor Lending Group is here with the scoop on how to qualify and the loan process to ensure you find the right loan for your specific needs. We feature the very Best New Construction residential and commercial loans. Whether you are seeking to build a custom home for your primary residence, a spec home to sell for a profit, or a commercial construction loan we have you covered!
?VALOR LENDING GROUP HAS THE BEST VALOR NEW CONSTRUCTION LOANS AVAILABLE NOW!?
What is a New Construction Loan?
A ground up construction loan is to provide a financing solution to construct a wide variety of real estate properties. They can be single family, multi-family, and mixed use projects. A licensed and bonded general contractor will assist you with plans, entitlements, and get your property shovel ready while solidifying the financing to get the project started.
Valor Lending Group has a number of lending solutions and options allowing you choose the right route to take to secure the luxury property of your dreams.
How Do You Qualify for New Construction Financing?
You would qualify for New Construction Loans in the same way as a conventional or high balance loan with a few additional qualifications. Such as, but not limit to completed projects in the three years, the loan to cost evaluation, and/or after completed value.
The scoop on Valor New Construction Projects:
- Up to 90% LTC
- Max Loan Up to $20 Million
- Flexible Guidelines
- 12 to 24 month Interest Only Interest Rates
- Valor boasts the very best communication, service, rates and performance in the industry
- Valor ensures the very best pricing by shopping with many direct lenders so you don’t have to!
Who Is A New Construction Loan Right For?
At Valor Lending Group, we have New Build Construction Loans are perfect for the seasoned construction borrower to first time buyer who wants to build that luxury home they always wanted.
In addition, we also offer full documentation low rate loans, stated income loans, and hard money loans.
Valor Lending Group also offers:
- Bank Statement Loans
- Hard Money Loans
- FHA Loans
- Doctor/Dentist/Vet Loans
- VA Loans
Call or email me for immediate attention to your scenario!
Valor Lending Group can fund your fast-hard money loan up to $10mm in as little as 7 days often without an appraisal.
Please do not hesitate to call or email me with any scenarios.
I look forward to an opportunity to demonstrate my prompt and professional service.
Recap of our Loan Products:
- Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
- Stated Income Loans (Great for business owners and self employed ) No tax returns!
- 100% financing is available (we can cross collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground up Construction for spec homes, custom homes and commercial ground up.
- Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
- 5% down Jumbo’s with NO MI up to $2mm / 10% down up to $3mm
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
We also offer:
- Conventional Conforming Loans (under $647,200)
- High Balance Conforming (from $647,200-$970,800)
- Jumbo Loan Financing to $10 Million / Super low rates! / 10% down Jumbo to $3mm
- FHA, USDA
- Reverse mortgages up to $1 Million Value
- Cash Out Refinancing
**Rates and terms subject to change without notice**
We look forward to the opportunity to serve you!
Check out Valor’s Mortgage News to learn more!
Check out our Google Reviews
Did we miss anything?
- Call or Email me (James Romero) if there is any information that we have missed
- Follow us on Social Media
- Share this on your Social Media
- Do not hesitate to give us your feedback
- Ask us for a quote
- Visit our homepage to check out what Valor Lending Group has to offer
