Complete this form or call us 317-593-2014
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A construction to permanent loan is a specific mortgage vehicle used to build a new home. This loan has multiple functions that allow you to go through the entire build process. Once the home is built the loan is modified to make your full mortgage payments.
There are many mortgage products, and programs for borrowers for most circumstances. Depending on specific qualifications, and the qualifications of the property, 1st Signature Lending has programs that offer to finance up to 100%.
Every new home is a little different. On average we see construction take 8-12 months from the time the loan closes. If planning on buying a new construction home, we suggest planning on 8-12 months before moving in.
No. 1st Signature Lending works with vetted, approved build partners to ensure our customers receive their new home as planned and on schedule.
No, there are many steps required to build a new home. Shopping and securing land can be a long process, but there are several action items to take to begin the journey. We look forward to helping everyone understand exactly where to start.
Yes, during construction a borrower may need to make payments while the home is being built. Some may choose to set up an account to make these payments during construction. Payments vary based on the size of loan, interest rate, and time needed to complete construction. Consult a mortgage loan officer to learn more.
9998 Crosspoint BLVD, Suite 250
Indianapolis, IN 46256
www.1stSignatureLending.com
317-815-6060
NMLSÂ 27820
1st Signature Lending, LLC is a Federally registered Mortgage Banker. Our registration is open for public review for consumers at the National Mortgage Licensing Service web site: http://www.nmlsconsumeraccess.org/. We can be located by name or by our NMLS #27820, as well as all associated registered Mortgage Loan Officers. (MLO).
1st Signature Lending, LLC is a Mortgage Banker Licensed in Indiana and Kentucky. Our license is open for public review for consumers at the National Mortgage Licensing Service web site: http://www.nmlsconsumeraccess.org/. We can be located by name or by our NMLS #27820 as well as all associated licensed mortgage loan officers. (MLO). We hereby authorize you to view and print information on this website subject to it being used for informational and non-commercial purposes. It is our intention that data provided on a subject is of a general nature. Our website does not represent an exhaustive treatment of subjects nor is the information intended to constitute accounting, tax, legal, consulting or other professional advice. Prior to making any decision or taking any action we kindly request you to contact your tax or legal advisors. Please use this document and information at your own risk. The content of this site is copyrighted and therefore any unauthorized use of any materials on this website may violate copyright, trademark, and other laws. Materials on this website may not be modified, reproduced, or publicly displayed, distributed or performed for any public or commercial purposes prior to our approval.
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