Builders / Documents, Timeframe ans Fees
Construction loans - Documents, Timeframe ans Fees
Timeframe.

  • Up to 4 weeks

    Closing costs.


  • Closing costs range between 1 and 4 % of loan amount

    Documents needed for Construction loan


  • Plans & Specifications for the proposed construction completed by atchitect (Final two copies signed & dated by borrower and contractor

  • Purchase contract or agreement for lot if lot has been purchased within the past 12 month or if it will be purchased as a part of this transaction

  • HUD-1 Closing Statement provided by the closing agent if property was purchased within the past 12 month

  • Copy of Listing Agreement on current residence to be sold

  • Architect Agreement

  • Copies of any approvals from city/county/homeowner's association

  • Fixed Price Construction Contract

  • Cost-Breakdown

  • Discription of Materials

  • Builder's Resume

  • Builder's Liability Insurance + Bond

  • Builder's Licence


  • First Mortgages, Second Mortgages, Home Equity Lines, Refinances, Construction Loans, Lot Loans, Commercial Loans
  • First Mortgages
  • Second Mortgages
  • Home Equity Lines
  • Refinances
  • Construction Loans
  • Lot Loans
  • Commercial Loans

  • > more

    Mission Statement
    We are convinced that success can be achieved in only one way - providing outstanding service to each client today will assure a client referral tomorrow.

    > more

    downloads - loan application, borrower authorization, borrower authorization (joint)
    > loan application
    > borrower authorization
    > borrower authorization (joint)





    Executive Financial Solutions, Inc.
    7000 SW Hamptom St., Ste 121
    Portland, OR 97223
    ph: (503)977-0810   fax: (503)977-0922
    Copyright © 2003 - 2010 EFS, Inc.
    All rights reserved.
    Custom Design and Support by
    Mortgage IT Consultants