Our Construction Loan Program offers two-time mortgage closing; the Construction Mortgage while your house is being built with interest only payments, and then once your house is complete, the End Mortgage loan with payments based on the permanent terms and interest rate.
Two Time Closing:
1. Construction Mortgage
- 90% project cost financing
- Term: up to 12 months
- Rate: Prime + 1.25% (locked in at time of application)
- Interest only payments made to Health Advantage Credit Union
2. End Mortgage
- Permanent Fixed Rate Mortgage
Questions? Contact Amy by text 989.399.9661, by phone 989.921.1420, or by visiting our State St Location
Mortgage Company or Individual | NMLS ID |
Health Advantage Federal Credit Union | 1059402 |
Amy Kaufmann | 162294 |
Bethany | 2471984 |
Briana Tapia | 1465871 |
Brooke Foco | 1063539 |
Chris Brewer | 1860654 |
Ericka | 427417 |
Jodi | 1389671 |
Lauren | 2471728 |
Lucinda | 1425782 |
Verify a Mortgage Company or Individual is authorized to conduct business in Michigan |