FHA Loans Offer low down payment options
Finding Your Perfect Match
You tell us about your situation and we'll pair you with an option that almost feels like it was made for you.
VA Loans Offer $0 down for veterans and active military
Conventional Offer flexible fixed options
We Make The Construction Loan Process A Breeze!
1) Apply Once Buy your land and build your dream home all in one loan application.
2) Lock Your Rate You have the freedom to choose when to lock your rate– when your home is complete, or before construction even begins.
3) Take Control & Close Once. Know exactly where your money is headed. You’ll always get the final say before any advances are sent to the builder. With just one closing, you’ll save yourself the stress of switching lenders, all while saving thousands in fees and closing costs.
Are you interested in finding out if a Construction Loan makes sense for you? Are you ready to join the ranks of homeowners and lock in potentially low rates?
2 Ways to Use Your FHA 203(k) Loan
Buy a Fixer-Upper (and Fix It Up)
Or... Renovate Your Current Home!
Ted Is an experienced Lender that I would recommend. He has worked with several of my buyers and is always on top of things. He thinks quickly and makes necessary adjustments to make sure the deal always happens. I have trust in Ted and would recommend him to anybody.- David Brown.
I have utilized Ted’s services twice based on a recommendation from a friend. Both times I was very pleased. Ted is very responsive, price competitive and honest. Ted always considers his clients interests first. I would definitely utilize Ted again.- Roxanne Oulman.
Ted is an amazing loan officer. Ted is incredibly resourceful when it comes to packaging loans to get underwriter approval. When other lenders couldn’t help my buyers, I have called on Ted to find creative, ethical solutions to get the loan approved and closed. Ted is extremely professional and proficient at his job. I highly recommend Ted as an experienced loan officer, especially if the loan package is a difficult one. Put Ted to the task…you won’t be disappointed.- Dale Warfel.
Ted is a rock star! Coming into our deal with challenged credit, Ted was able to get us into an FHA loan with reasonable terms. Throughout the whole process, he held our hands and was professional. I am looking forward to using him again when it comes time to refi. I would definitely recommend everyone to give him a shot for any loan needs.- Michael B.
We recently worked with Ted to buy our first home in San Rafael. He was great. Very efficient, always answers the phone, and no nonsense! He got us a great rate and closed on time! Answered all my first time buyer questions and made us feel at ease about our large purchase!! I would recommend him to anyone looking to purchase a home!! Thanks Ted!!!- Stephanie P.
Ted was absolutely professional. Most lenders said we could not qualify for a loan or we had to wait a couple of months. Ted went out of his way to ensure that we would qualify for a loan. Ted was able to close escrow in less than 30 days. He always responded to my emails or calls. I would highly recommend him to anyone who needs a caring professional lender.- Lizeth P.
Your Renovation Wish List Could Include...
Increase window size
Bring in more natural light
Finish a basement or attic
Create a mother-in-law apartment or guest space
Correct foundational issues
Protect your investment for the long-term
Add a detached garage when one does not exist
There’s room for everyone
Knock down walls
Open up the floor plan to create versatile, welcoming spaces
Flood-proof your property
Add a retaining wall to prevent expensive damage
Repair the pool
Tired of leaks and cracks? Fix the pool & start enjoying it
Expand or refresh the kitchen
Cooking is just more fun in an updated kitchen
Add square footage
Growing your family? Grow your home alongside it!
After remodeling, 74% of owners have a greater desire to be in their home, and 65% have increased enjoyment in their home.
How Does a Renovation Loan Work?
Depending on the types of repairs you plan to do, you have two options when it comes to securing a FHA 203(k) Renovation Loan: Limited and Standard.
The Limited 203(k) loan
The Limited 203(k) loan is for non-structural or “cosmetic” repairs. It covers up to $35,000 in renovation costs. With a Limited loan, you can do nearly anything that doesn’t affect the home’s structure! Think kitchen and bathroom remodels, carpet and flooring replacement, painting, appliance replacement, and much more.
The Standard 203(k) loan
The Standard 203(k) loan is a loan for projects with repair costs over $35,000. It can be used for structural or non-structural repairs. With a Standard Loan, you have even more flexibility. You can expand the home’s footprint, improve accessibility for differently abled people, and even move the home to a different site.
What You Need To Know About Construction Loans
Do I need a down payment?
You may or may not need a down payment dependent on the loan program you are paid with.
How do payments work?
You'll make interest-only payments on the construction loan while your home is being built. When construction is complete, we'll modify the loan to your regular mortgage where you'll have your traditional monthly payments. We'll cover these items with you at the start so you're in the know ahead of time.
Can I do some of the construction to save some money?
While we love a good DIY project, all construction must be done by the builder.