Along with our outstanding services to finance the purchase of a new home or to refinance your existing home, Acquisition Funding is the leader in construction financing.
We offer:
Traditional construction financing: with a conversion to a permanent loan once your home construction is completed (2 time close). We can also offer a single loan, providing both the construction and permanent loan simultaneously (1 time close). The choice is yours! Our experienced lending team can help you weigh the key factors in making this decision.
Owner/Builder Programs: we have over 15 years experience providing financing and support for our customers that choose to build their own home. We can help guide you through the steps required to ensure your construction program matches your unique owner / builder arrangement.
Up to 100% financing: based on your lot ownership and equity.
Construction terms of up to 18 months: depending on square footage and complexity of construction.
More Money!: Your existing home payment is not included in your debt to income ratio if sold prior to completing your new home construction. This allows you to qualify for more construction funds!
Closing costs can be financed: our intent is to minimize the cash needed for you to close your loan. To that end, we will include the closing costs in your construction loan.
Lot Loans: whether you still need to purchase your lot or already have one secured, we have lending options that can help.
Call us today and put our team to work in matching the right program for you!
Here are some additional reasons why Acquisition Funding is the right choice for your construction financing needs:
We Provide our Clients:
Experience: In our 25 year history, we've stood by our clients in good times and bad and stand ready to serve you in today's challenging economic environment.
Innovative Solutions: With flexibility, Acquisition Funding will design a loan around each borrower's personal needs and financial requirements.
Low to No Down Payment: With available loans of up to 100% of cost or 90% of your appraised value, whichever is less, we may limit or eliminate the need for a down payment on your home construction.
Cutting Edge Technology: Acquisition Funding's innovative technology allows you to complete your loan application online in only minutes.
Personalized Service: While we offer the latest in technology, like online applications, we also pride ourselves on our personalized service and support. You will be assigned a specific loan specialist to help you with all of your questions. We will also work with you to determine which program best meets your needs. With Acquisition Funding, you know you can always count on a person to take your calls and work with you from the start of the loan process through loan closing.
Local Decision Making and Support: As a Texas-based lender, all decisions and support during construction will come from a local institution. There is no need to go "out of state" for decisions or funding for your home. We believe that the Texas real estate market is best understood by Texans, don't you?
Various Program Options: Acquisition Funding knows that one loan program does not fit everyone. By working closely with you, we will better understand your lending needs and qualifications and will match the loan program that fits your personal financial requirements.
