In the world of custom construction, breaking new ground requires innovation not only in design and architecture but also in financing. Traditional construction loans have long been a source of frustration for borrowers, often necessitating two separate loans, complicated applications, and varying terms. Streamline Home Loans offers a groundbreaking All-In-One Custom Construction Loan, which promises to revolutionize the way we finance custom construction projects.
One Application, One Solution
One of the primary challenges of custom construction financing has always been the cumbersome process of dealing with two separate loans: one for construction and another for the permanent new home mortgage. Streamline Home Loans aims to simplify this ordeal with a single, streamlined application process. Borrowers can now apply once for the entire loan journey, covering both the construction phase and the permanent home loan, all in one go. This means less paperwork, fewer hassles, and more convenience for borrowers. This process also eliminates the standard double qualification requirement by allowing borrowers to qualify for both loans simultaneously. This not only saves time and effort, but also reduces the risk of complications during the application process.
One Rate and One Term
In addition to simplifying the application and qualification process, Streamline Home Loans offers borrowers a single, consistent interest rate and term for their entire loan journey. With just one mortgage, one closing, and one set of documents to deal with, borrowers can focus more on their construction project and less on the intricacies of their financing. The ability to lock in a 30-year fixed rate for up to 90 days before construction begins provides added peace of mind in an ever-changing financial landscape.
Versatile Financing for Custom Projects
Streamline Home Loans' All-In-One Custom Construction Loan isn't limited to just one type of project. Whether you're planning a new custom construction, a major remodel, or even a tear-down and rebuild, this innovative financing solution has you covered. It's a flexible option that caters to a wide range of construction needs, making it accessible to a broad spectrum of borrowers.
The Power of Cross Collateral Loans
For those seeking even more flexibility, Streamline Home Loans offers the option to combine their All-In-One Custom Construction Loan with a Cross Collateral Loan. This unique feature allows borrowers to leverage their existing assets to secure their financing. It'sa game-changer for those who want to make a seamless transition from their current property to their newly constructed or remodeled home, eliminating the need to move multiple times during the construction process.
In conclusion, Streamline Home Loans is reshaping the landscape of custom construction financing with its All-In-One Custom Construction Loan. By simplifying the application and qualification process, offering a consistent interest rate and term, and accommodating various construction projects, this innovative solution has already gained recognition as a groundbreaking approach to financing in the custom construction industry. Moreover, the option to combine it with a Cross Collateral Loan adds an extra layer of flexibility, allowing borrowers to embark on their construction journey with ease and confidence. With Streamline Home Loans, breaking new ground in custom construction has never been more accessible or hassle-free.
About Streamline Home Loans
We Streamline the Process. From loan products to loan professionals, Streamline Home Loans actively seeks out the best in the industry to help our customers find, and fund, the right mortgage for them. Streamline's model is designed to raise the bar on efficiency, relationships, and integrity. We specialize in product variety, experienced teams, sophisticated software, and quick closings. We currently have multiple locations in NV, with licensing in AZ, CA, CO, FL, GA, NM, SC, and TX. Corporate NMLS# 1810048. Corporate headquarters in Las Vegas, NV.
For more information about Streamline Home Loans, visit us online at streamlinehl.com or call (877) 405-3747.