A very different type of construction loan! On this one we can lock the interest rate in prior to the build. Once the home is complete and you have certificate of occupancy, if interest rates have gone down you can re-lock. If they have gone up, you are safe at your original lock. Most constructions loans have to be refinanced after the build period, and you are stuck at the available rates at that time. This loan protects the buyer, because in the past if rates have gone up too much the buyer may no longer qualify and the home has to be sold. Know what your home will cost you before you build! We can qualify with either paystubs/W2's or bank statements. This program does require a general contractor to do the build. Buyers may not build their own home.  Please call for details!