Bank of England Tennessee can provide Construction Loans for primary residence homes. With a VA loan, 100% financing will be available, with an FHA loan you will need 3.5% down payment and with a Conventional Loan, a 20% down payment. One time close construction to per loan. A contractor must build the house, self building is not permitted. If you are planning to build we would welcome the opportunity to speak with you about how Bank of England Construction Loans are a good option for your dream home!
Debbie Scarantino represents Bank of England Tennessee and is a 30 year veteran of the mortgage loan business.