Thursday, September 09, 2010
The banks are working with new construction clients better than ever before. What a great time to consider building a new home. A good program for new home builders are now able to use 2.99% interest money while building their new home. The buyers of a new home are able to take out an construction loan for 2.99% that would be used during the construction period of time normally from 4 to 7 months depending on the size of the new home. After completion of the new home the buyers would convert there new construction loan into fixed financing at the also low rates that are available today. With builders not doing as many speculative homes they are more now than ever available to start the new home. Low construction loans rates, low fixed interests and builder availability make this year the perfect time to build your dream home.
To schedule a time to sit down with a builder to talk about your ideas for a new home just email myself or call and we can arrange a time that works well for you.
Cain & Company Real Estate
(217) 202-3136 Cell
(217) 359-5646 Office