AnnieMac Home Mortgage - Construction

Can’t Find The Perfect Home For You? Build It With Our Help! If you have

Can’t Find The Perfect Home For You?
Build It With Our Help!

If you have a specific vision for your next home, finding an existing one that fits the bill could be an impossible task. If you prefer the idea of bringing your specific vision to life from the ground up, AnnieMac Construction Loans can help make your dream a reality.

Construction Loans can cover everything from land purchases and building permits to labor and materials for your project. We offer a variety of mortgage options, which may or may not include rolling part or all your construction costs into one easy-to-manage monthly payment once the house is completed!

If you’d like to discuss bringing your fantasy home to life, give us a call and let’s discuss how we can put AnnieMac Construction Loans to work for you!

Build with... BuilderPremier Conventional

The standard in loans to help you build your home from the ground up, Builder Premiere loans have helped many of our customers affordably realize their dreams. With reasonable down payment requirements for both first and second homes (5% and 10%, respectively), it’s a great starting point for those with a 680+ credit score looking to explore their options.

Build with... BuilderPremier FHA

These loans, backed by the Federal Housing Administration (FHA), accept lower credit scores (as low as 640) and down payments (3.5% minimum) than private construction loans. Buyers only pay closing costs prior to construction, with the mortgage automatically converting to a permanent loan after the work is complete.

Build with... BuilderPremier VA

These government-sponsored loans offer unique benefits to allow those who served our country (and their families) to build and own the homes they deserve. Qualified veterans can obtain these loans with no down payments, credit scores as low as 640 and other unique benefits to help them attain a happy and comfortable lifestyle during and after their years of service.

What Is A CTP Loan?

The Construction-to-permanent (CTP) loan finances the construction of a home with a one-time closing transaction. The loan will close upfront and the funds will NOT disburse in its entirety at closing. AnnieMac will advance to acquire the land and/or payoff any existing lien(s) on the land. All other funds will be disbursed on a draw schedule basis for work that has been completed by the builder and supported by an inspection.

Weigh Your Options

BuilderPremier Conventional Scroll to learn more.

BuilderPremier FHA Scroll to learn more.

BuilderPremier VA Scroll to learn more.

BuilderPremier Conventional

Minimum Credit 680
Draws Up to 5
Repairs $100,000 - County Limit
Downpayment 5% First / 10% Second
Occupancy Owner occupied
Properties Single family home

BuilderPremier FHA

Minimum Credit 640
Draws Up to 5
Repairs $100,000 - County Limit
Downpayment 3.50%
Occupancy Owner occupied
Properties Single family home

BuilderPremier VA

Minimum Credit 640
Draws Up to 5
Repairs $100,000 - County Limit
Downpayment $0
Occupancy Owner occupied
Properties Single family home