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Welcome to My Mortgage Payment
Are you looking for construction financing? My Mortgage Payment has a large network of construction lenders that can offer you the best rates with individual loan programs.
You may have access to complete construction financing, construction-to-permanent loan program, one closing, loans without points, quick loan approvals, and no payments during construction.
You may need a construction loan is you are building a custom home or if you are purchasing a home in new development. Consumers may profit from a construction loan because of the extended time and additional special needs of the building process. My Mortgage Payment provides borrowers with customized financing programs to meet whatever kind of construction they may be undergoing.
If you are building a home in new development with partial customized features, My Mortgage Payment can assist you in your loan process with help at each phase.
If you are building a custom home, My Mortgage Payment can offer you a loan program as customized as your house.
Construction loans consist of 2 major kinds. One being a two part loan and the other a construction-to-permanent loan.
The two-part loan consists of the borrower having separate loans for the construction and the mortgage of the house. First, borrowers apply for a construction loan and pay the closing costs while the interest is paid during construction. Secondly, borrowers apply for a mortgage loan that pays off the construction loan. This gives consumers the flexibility to shop for the best mortgage while the house is being constructed.
The construction-to-permanent loan allows borrowers not to make payments during the construction of the house.
My Mortgage Payment -- your source for construction loans and other mortgage loan information in:
My Mortgage Payment can help you find the best construction loan to suit your needs. Click on the banner below to have a licensed lender contact you with the best rate for your needs.
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