Land Loans in Colorado
Buyer's that are purchasing a land
loan are not buying it for long-term investment, but to build a home
within a certain timeline. We are able to direct the potential homeowner and assist
with the best financing. This is where our expertise is valuable to
our customers. Taylor Mortgage Group
can bridge the land
loan to the construction
loan and on to the permanent financing with literally one-stop shopping.
Purchasing the land with a construction loan is most advisable to cut down on additional closing costs.
loan may provide a way to remodel an existing home or to purchase an
existing home that will require some additional repairs before putting a
permanent loan on the property. In many instances, our construction
lenders will allow the borrower to be the General Contractor/Builder.
These loans are available to borrowers from city lots to large acreages
and from factory pre-built manufactured homes to million dollar
loan is a short-term loan that is a fixed rate interest only and is
usually from 6 to 18 months in length.
Taylor Mortgage Group offers construction loans on owner
occupied properties as well as investment properties to build and sell