Construction Lending
The Sarah Pichardo Team offers a variety of construction lending solutions, including financing for your new construction project, financing for the rehabilitation of your existing residence, and financing for the purchase and renovation of a home you want to improve and move into.
Borrowers wishing to build a custom home or renovate their existing house can obtain financing through our Construction Lending Program. This program will take you from lot/property acquisition through the completion of construction or renovation, after which we can offer you the permanent financing that best fits your needs.
Our standard construction loan provides 12 months of financing. Extensions may be available when needed. The size of the dwelling and the time of the year are two factors that will affect your construction period.
Borrowers wishing to build a custom home or renovate their existing house can obtain financing through our Construction Lending Program. This program will take you from lot/property acquisition through the completion of construction or renovation, after which we can offer you the permanent financing that best fits your needs.
Our standard construction loan provides 12 months of financing. Extensions may be available when needed. The size of the dwelling and the time of the year are two factors that will affect your construction period.
- Acquisition/Remodel Loan Program
This is a great option if you are purchasing a home that needs "fixing up" or if you are planning a major renovation to your existing home. This loan covers the purchase or refinance and provides the funds for the work being done. The construction or renovation funds will be released in draws, as frequently as monthly. Once work is completed on the property, we offer many permanent financing options for you to choose from. - Home Improvement Loan Program
Many homeowners enjoy their current home and love their neighborhood but would like to have additional living space, updated conveniences, and energy efficiency that many older homes lack. Our home improvement loan program can help you obtain the items on your wish list while keeping you in the home you love. We accomplish this by lending off the "as complete" value of your property, not the value before renovations have been made.
