I recently completed building a home. I have owned the land the home was built on for over a year. I borrowed the money short term from a corporation that I am part owner of. The loan is a personal one to me with no liens. Now I want to get a long term mortgage. What is the best way to do this? by RobertSheedy from Temecula, California. May 24th 2010
Hi Robert,As long as the construction is complete and you have the certificate of occupancy you should be able to get a construction to perm loan.Please feel free to contact me for more information.Thanks,John BurkeMortgage BankerChampion Bankjburke@thechampionbank.com
Robert, depending on how long ago you completed the house, you should be able to do a cash out refinance. I would be happy to assist you with this; Tripoint is in San Diego. Give me a call at 800-335-6897 or request a quote at WeFixRates.Com.
Enter your answer hereplease advise what county and state you are in with loan amount and value of house.
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