New Construction:

Precision Home Loans, Inc. is one of the leading Mortgage Brokers in the construction lending industry. We offer a lot more than you can typically receive at a bank in better rates and terms. We help you effectively structure what you are trying to accomplish. When starting your construction loan, you may be able to finance the lot within the loan. This allows you to minimize cash out of your pocket and avoid paying closing costs twice for two separate closings. We supply you with many options to get the job done. Leave the leg work to us and you'll see how good we are at working hard for you. We know the construction industry like no one else. Let us help you build your business. We want to do what's best for you.

What you typically need to provide for a construction loan:

• Plans (make sure they are legible)
• Cost break down (completed)
• Builder's license
• Copy of builder's liability insurance
• Lot contract and purchase contract if applicable
• 2 years Tex Returns
• 2 months bank statement on all major accounts
• Most recent statement on any stocks, bonds, 401k's, IRA's, retirement funds, etc…