Construction Mortgage

Pre Construction House

FHA Mortgage: FHA mortgages offer down payments as low as 3.5%, which can include the use of gift funds. You do not need to meet low-to-moderate income requirements to qualify. An FHA Mortgage is a loan insured by the government.

 · The Pros and Cons of Buying New Construction. Craig Berry The Mortgage Reports contributor.. Or you may select a house that’s completely pre-built by a developer or speculator.

In 2017, the company acquired a 1.64 hectare (4.05 acre) site on Streamstown Lane from the defunct Walsh Maguire construction.

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