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Maryland Lot Loans |
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Maryland Lot Loans |
 On
Line Construction & Lot Loan Pre-Qualification
I am still approving and closing LOT and CONSTRUCTION LOANS!
Monarch Mortgage
Monarch Mortgage is a full service mortgage bank offering a wide variety of home, lot, and construction loan products. That's right, we are still approving and closing LOT and CONSTRUCTION LOANS along with our other loan products. Contact Dave today! FHA, VA, 203K rehab, Homepath, Teacher Program, Police Next Door, Energy Efficient, CDA, USDA, Jumbo, and more! Dave has the ability to offer more options than many other competitors at rates you will love. Rates and Guidelines subject to change! We require 10% to 20% down with good credit, 20% to 30% down with other credit, subject to underwriting guidelines. With a seller 2nd, 5% down, sometimes 0% down. Much depends on the credit and financial strength of borrower. Down payment may be a hypothication of a C.D., Stocks, Bonds, etc. Rates are tied to Prime. Terms from 1 to 30 years, fully amortizing or interest only. Lot must have an approved perc test. We require proof that lot can be built upon. Letter from County Health Dept. is usually acceptable as proof. Please call for current rates and other terms. Return Home to see all our Construction Program links! Rates and Guidelines subject to change! If you are outside of Maryland, please click here, select your state and check with the lenders licensed in your state. |
David
Pick, Loan Officer
