An Introduction to
Charter Funding Construction Loans
Looking for a construction loan? This is the place to go! We have many different programs that you can qualify for now!
Construction Loans Features: (back to top)b>
* One time close and two time close construction-to-permanent loan
* Loans up to $3,000,000
* 100% Construction Financing up to $500,000
* Maximum 95% loan to value (LTV)
* Up to 24 months to complete the construction of the home
* No "out-of-pocket" interest payments during the construction period and interest-only accrual on funds as disbursed
* Permanent financing has competitive rates for 15-year, 30-year, or 3/1, 5/1, 7/1 option Treasury ARM or 4 payment Option ARM products
* Permanent loan rate improvement option at completion of construction
* Full, alternate and stated loan documentation loan programs