Construction Loans

New Construction, Custom Home & Renovation Home Loans

Our extensive knowledge of the new construction and renovation loan market, allows us to offer a wide range of products, competitive pricing and streamlined loan processing. Whether you are interested in new construction, custom home, renovations or a complete tear-down, we welcome the opportunity to discuss your project in detail.

New Construction 

If you have your eye on a newly constructed home or a home that’s nearly complete, we’re here to help. Feel confident knowing your rate is locked in a fluctuating rate environment. Buying a new construction home can involve lots of exciting choices and unique opportunities.

Extended Rate Protection

  • Ensure long-term rate lock protection during construction
  • Lock Term Options up to one year
  • Float Down Flexibility if interest rates drop within 30 days of closing
  • Have peace of mind while you wait

Custom Home Construction

Our Construction Lending Department provides funding for lot/property acquisition, demolition (if needed), transaction costs (if equity permits) all the way through construction completion. When your new home is nearing construction completion, we will work with you to obtain a permanent loan that best suits your needs.

Construction to Permanent Loan Programs

  • Saves you time and money
  • One-Time-Close and Two-Time-Close Options available
  • Allows for up to 12 months of build time with possible extensions

Renovation Loans

A renovation loan program is a great choice, especially for first-time homebuyers, current owners or purchasers of homes in need of repair or renovation. The programs can be used for primary residences, vacation homes and investment properties. Our renovation home loan experts can provide options for your specific situation so you can choose the solution that meets your needs.

  • Use for a wide range of home improvement needs
  • Purchase an AS-IS home
  • Loan amount covers purchase price plus renovations funds
  • Refinance and Remodel
  • Primary residence, vacation home or investment property
  • All with a single loan

Nick Kristoff
Senior Loan Officer
NMLS: 379253
O: (843) 603-5924
C: (843) 290-9110
F: (703) 653-3343
nkristoff@gmmllc.com

Mike Kristoff
Senior Loan Officer
NMLS: 377707
O: (843) 603-5924
C: (843) 301-7070
F: (703) 449-5546
mkristoff@gmmllc.com

This is not a commitment to lend. All loan applications are subject to credit and property approval and must meet loan program requirements to qualify. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Flood and/or property hazard insurance may be required.

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