Financing Options
John Sconiers - Sage Capital Bank
Phone: (830) 980-6950
One of the most important decisions in purchasing your new home is choosing the right mortgage company or bank. Since mortgages are very complicated, proper coordination, communication and attention to detail are required for a smooth process. Everything must be handled correctly from loan application to closing at the title company to insure a successful conclusion.
Either type in ‘mortgage calculator’ in a google search, or use the zillow.com mortgage calculator to get an idea about your monthly payments.
Hamon Homes, Inc is a VA approved builder.
Hamon Homes has no financial interest in any mortgage company or bank.
Thrive Mortgage offers one-stop shopping for low down payment construction and mortgage loans. Land purchase or land payoff can be included. Thrive Mortgage Underwrites both your construction and mortgage loans in-house. Two loans are required for land purchase.
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Construction Loan - Thrive Mortgage is a private lender making it more flexible than a traditional lender. Your mortgage loan approval is considered a security and the Interim construction loan will be repaid at completion of construction.
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Stage Funded Construction - Your construction loan provides a line of credit. Think of it as a credit card with sufficient credit to complete the construction. Builder draws are paid as work is completed. You receive a monthly statement, like a credit card, with simple interest due on funds drawn.
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Mortgage Loan on Completion - A final appraisal is made to verify the final value of your home. Financial information is updated, and a final survey is completed. We then proceed to close on your 15, 20, or 30 year fixed rate mortgage loan.
Whether you have found the house of your dreams to call home, a second home, or an investment property, we can make that dream a reality. Sage Capital Bank utilizes all types of loan products: Conventional, FHA, VA, USDA, Jumbo. They have competitive fixed and adjustable-rate options. Their experienced home loan professionals will guide you step by step through the process.
Whether you are building your first home or forever home, they have a construction loan for you. They will work with you and your builder to make your dream a reality. They offer competitive rates, local decision making, and fast turnaround time so that you can get started on your home as quickly as possible.
Sage Capital Bank will also assist you in purchasing the lot for your dream home. Secure the land to build now or in the future. In-house underwriting and processing allow for a fast closing.