Have the smaller builders hit a road block??

The more smaller builders I talk to in my area, the more I feel a need for our contruction to perm product in our market. Builders have gotten their lines of credit pulled back because of the economic sturggle. They are not able to provide their personal capital to build specs, because they will overleverage themselves.

So here is where we come in:

Prosperity Mortgage-An Affiliate of Wells Fargo Bank has seen a weakness in the building industy and created a phenomenal "Construction to Perm" product FOR BUYERS! This product allows for buyers to finance up to 96.5% Construction money, while still only putting down the required 3.5% for FHA requirements.

Product Highlights:

• 620 score and up
• 96.5% Construction to Perm financing for FHA buyers
• 95% Financing for conventional buyers
• Up to $750,000
• 12 Month Extended Rate lock, w/FREE RATE FLOAT DOWN
• 9% Seller contrbiutions
• $8,000 tax credit welcome

For me immediate detailed info, please contact me directly:

Josh David

www.josh-david.com

josh.david@wellsfargo.com

704.998.7609