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One Time Construction Loan on Two-to-Four Unit Multi-Family Primary
Is there a one-time construction mortgage loan on two-to-four unit mult-family new construction. If so, what are the requirements on qualifying for a one-time construction loan on two-to-four unit multi-family primary homes.
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2 Replies
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I am looking into buying a lot and building a four unit multifamily home. Does anyone know what Lender can do a one time close new construction loan on a four unit multifamily home. How much down payment is required on a two to four unit multifamily one time close (OTC) new construction home from ground up.
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The Team at GCA Mortgage Group can do one time close ground up new construction loans on two to four unit multifamily homes. The OTC NEW CONSTRUCTION Loans on two to four unit multifamily home loans are available for owner occupied homes, second homes, and investment properties. On owner occupied one time close multifamily new construction loans the down payment requirement is 5% down payment OTC for two to four unit multi family new construction loans. Here’s a matrix
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