96.5 LTV, 3.5% Downpayment, Scores to 620, Purchased Land or Land Already Owned, No Buyer Fallout, No Tied Up Credit Lines - The Real Deal One Time Close

The Close It, Build It™ Loan from WestStar Mortgage provides builders and buyers the special financing options needed in today’s market. With one application, one set of fees, and one closing, construction can begin.

 

 

Fewer worries, Easy Process

  • Builders have less to worry about when the buyer is fully qualified and fully closed prior to construction.
  • Buyers don’t have to worry about rate increases during construction or potential loan program availability.
  • Our team of experts will work with you and your buyers to ensure a smooth process from start to finish. With the Close It Build It Loan and WestStar Mortgage you can rest easy knowing that we understand your business.

Highlights:

  • Buyers can be approved for financing with as little as 3.5% down
  • In some cases, if the buyer already owns the land, they get a loan with no money out-of-pocket by using the land as equity.
  • No credit updates, no requalifying
  • Simple, quick draw process
  • The construction loan is made directly to the homebuyer so you will have the flexibility and the capital to start new projects
  • Quick turn around on builder approval and simple builder application
  • Purchase price must be within FHA loan limits. Some exceptions apply
  • Build times within 120 days

 


WestStar Mortgage 600 Byron Nelson Road, Ste 500 Roanoke, TX 76262
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