4 Simple Steps to New Construction Lending with Stonegate
Our partners at Stonegate Mortgage have simplified the new construction lending process into 4 bite-size steps.
1. Up-front documentation for lender pre-approval (Get pre-approved to buy!)
2. Property specific pre-approval letter is completed (Select your cottage and home site!)
3. Contracts are signed and underwriting begins (SOLD, a little more paperwork)
4. Let’s build a cottage! (It’s go time!)
During the build time, the home buyer is able to work on whatever it is that is still open, (i.e. selling their current house, raising their credit scores, eliminating other debt, etc.) so that once the home is built, everyone will be ready to close.
Need help picking the mortgage that is right for you? Austin Smith from Stonegate Mortgage can help you sort through the many loan options available and guide you through the financing process.
AUSTIN SMITH, Mortgage Advisor
1499 Windhorst Way, Ste 200
Greenwood, IN 46143
Stonegate Mortgage Corporation, NMLS #186732. Equal Housing Lender.
We are not licensed to originate loans in the following States: Alaska, Hawaii, Idaho, Massachusetts, Nevada, New Hampshire and New York. Not all offices are licensed in all States. Visit stonegatemtg.com/state-licensing.aspx for complete licensing profiles.