“Self- Build Construction Loans”

By
Mortgage and Lending with Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 NMLS # 6869

“Self-Build Construction Loans”

 

Hi Joe,

Thank you so much for your help! I am so delighted that I came across a blog you wrote about doing a self-build construction loan. As I shared previously, I spoke to numerous banks and mortgage brokers, all said no. I wasn’t giving up, I wanted to build my own home. I wasn’t willing to hire a contractor and end up paying an extra 20% of cost. Every dollar I can save during this process means a lot.

 As I shared with you, it is not what you know, but who you know. I have a ton of buddies in the “trades”. Having already owned the land, the only thing left was to build. You made that happen, we are indebted to you.

We will be back in touch when we get near the end, so that we can start the end loan process.

 

Constructing a new home is not for everyone, that’s for sure, but for some it is a wonderful solution as you can see from the email that I received from a client. They will save themselves about 20% and that is some serious money. These folks estimated they are saving about $60,000 and getting the home that they want, rather than settling.

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comments (2)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thank you for the great information in your blog today to share with us here on the Rain.  Make it a great day! bill

Jun 10, 2022 03:05 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joe. Not for everyone! Only experienced mortgage brokers know and have the sources. Nobody else wants to do it! Congrats to you and this lucky customer. They found you! Enjoy your day.

Jun 10, 2022 05:18 AM