CONVENTIONAL
- Conforming loan amount
- Max loan to value 95% with a minimum credit score of 680 (Primary Residence)
- Primary or Secondary Home 1 unit SFD
- No requalifying at modification within the 9 month construction term (Lender will verify employment at time of modification)
FHA
- Loan amount per FHA county loan limit
- Max loan to value 96.5%
- 15 & 30 year fixed rate option
- Primary owner occupied 1 unit
- Minimum credit score 600
- No requalifying at modification