Albuquerque Construction Loans

Featuring the

Construction loan automatically converts to permanent financing once construction is completed
Qualify only once you never have to re-qualify when construction is completed
Only one closing
Construction rate is interest only
Permanent 30 year rate is locked in at beginning of construction with “free float down option” (allows you to lock in a lower rate if the rate drops before end of construction)
Up to 90% loan to value
Allows you to buy the land with construction loan
Rehab loans available for big remodels. Will use the future appraised value to determine loan to value

Contact one of our construction experts to discuss your situation and current rates.