Construction Loan Budget Estimate

To begin your Construction-to-Permanent Loan process, a Construction Loan Specialist will provide you with a preliminary construction loan budget estimate for building your home. This budget estimates the maximum loan amount you qualify for, based on an estimated value of your future home.

There are a number of costs that go into building a new home. These costs make up the items used to complete this construction loan budget estimate.

  1. Closing Costs - Fees from lender, title, appraiser or any third party
  2. Land Value/House Cost - Current Lot Value / Cost of materials to build
  3. Contingency - Money set aside in case your project over runs its budget
  4. Interest Reserve - Money set aside to make the interest payment during the build

     Troy Schuricht

7575 E Redfield Rd   Suite 235

Scottsdale, AZ  85260

480-305-8905 - office

480-393-8801 - fax

http://www.communityfirstfinancial.com/

http://www.yourlendertroy.blogspot.com/

http://activerain.com/tschuricht

 

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Troy Schuricht

Scottsdale, AZ

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Community First Financial

Address: 7575 E Redfield Rd Ste#235, Scottsdale , AZ, 85260

Office Phone: (480) 305-8905

Cell Phone: (602) 790-0210

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