“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

FHA CONSTRUCTION to Perm FINANCING-MODULAR BUILDERS; THIS IS FOR YOU!!

Our "Construction Advantage" program is an industry-best 96.5% LTV FHA Construction Loan with credit score requirements as low as 620, long term rate locks, job loss insurance protection, and much more.

I would like to speak with you about how we can position this product to help you sell more homes. Specifically, how rather than simply using this financing program as a solution for low down payment borrowers, how it can proactively be used in conjunction with a consumer ad campaign stating, "Build Your Own Custom Dream Home with just 3.5% Down!".

I look forward to speaking with you and putting together a plan to help you sell more homes, more profitably. Please let me know if there is a time that works best for you so we can discuss.

Key factors that are important talking points with Modular Home builders:

•- We can pay off the lot at the initial closing as well as pay the 10% deposit to the manufacturer to begin building the home in the factory.

•- We can pay off the remaining cost of the home as it comes out of the factor once we determine the foundation is complete and the home is ready for delivery.

•- Once the home is delivered, there should still be enough funds left undrawn for the builder to take another draw or two to continue/finish the house off. (AHB will only fund up to 75% of the actual cost of the completed home)

-Josh David

Prosperity Mortgage-An Affiliate of Wells Fargo Bank

Apply 24hrs a day @ www.josh-david.com

Posted Monday Jun 15