The "Pre-Qualify Now" link is for NON-BROKERSONLY. Brokers should refer to Broker Center. Broker Agreements will not be honored by Normandy if Broker submits a Pre-Qualification using the consumer link above...
BUILDER MODEL / SPEC CONSTRUCTION LOAN
This program is designed to provide a business loan to a Builder for the construction of a model or spec home.
The Normandy Advantage:
Fast pre-qualification, typically within 3 to 5 business days
Deal directly with the Loan Officer/Underwriter
Loans are available to Builders with excellent to less than perfect credit
1 to 4 family properties preferred, will consider up to 12 units
Land purchase may be included in the construction loan. Please call for a quote.
Loan amounts up to 50% of the appraised value
12 month term (18 month term available on an exception basis)
Flexible draw schedules
Interest only payments based on funds advanced
Full income documentation, self-employed and limited income programs
Loan amounts from $75,000 to $2,000,000 on our contruction loans
Loans available in the following states: AK, AL, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MO, MT, NC, NE, NH, NJ, NY, OH, OK, PA, RI, SC, TN, UT, VA, WA, WY
Call today @ (800) 390-7536 or use the "Pre-Qualify Now" link above.
NORMANDY CORPORATION
NMLS #71492
Principal Business Address: 46 Prince Street, Rochester, New York 14607
585-256-2600 * 800-390-7536 * Fax: 585-256-2836
Email: info@normandy.com
Hours: Monday - Friday 9 am to 5 pm