Unchartered Territories Are Now Yours for the Taking! | Mortgage News Network

Under Construction - Unchartered Territories Are Now Yours for the Taking!

Single close construction lending has now expanded into the jumbo arena. Prior to jumbo single close construction lending becoming available, the program was only available for FHA, VA, USDA and Fannie Mae. Make no mistake! Just with the previous mentioned options, a large segment of the new construction homebuying community was served and served well. Expanding into the jumbo market can now make construction lending more readily available in high dollar areas.

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