Construction Loans – The River City Team | Benchmark Mortgage

Construction Loans

Whether remodeling or building your dream home from the ground up, we specialize in keeping families in their homes, school districts, friends and communities they love.

We have put together a guide to help you determine which Construction loan is right for you. Click the link below to download our free guide.

Check Out Our Videos Below

What is an ADU ? Accessory Dwelling

These are just guidelines and every lender has their own terms. Reach out to us to find out more info.

Pros and Cons of HELOC loans

These are just guidelines and every lender has their own terms. Reach out to us to find out more info.

Construction Loans Explained

There are 3 types of Construction Loans available. 203K, HomeStyle Renovation and One-Time Close Loans

203K Loans or Renovation Loans

Get Your Home Ready for Lifelong Homeownership With 203K Loans Or Other Remodel or Renovation

The Different Construction Loans

ADUs

Financing an ADU is foundational to create affordable housing and creating financial security.

203K Construction

203k Construction Loan has more flexibility.You can have Lower FICO Scores and Higher debt-to-income ratios.

Homestyle Renovation

HomeStyle® Renovation Loan is less flexible then a 203K. You need Higher FICO Scores and Lower debt-to-income ratios.

One-Time Close

New Construction Loan. A single loan and 1 Closing date. Take land and turn it into a Home.

Flexible underwriting guidelines

Simple approvals

No upfront mortgage insurance required

Down payments as low as 3 %

We'd love to tell you more.

Set up a time to chat with one of our experts.

Ark-La-Tex Financial Services, LLC NMLS ID 2143

Carl Spiteri | NMLS ID 286890

Hilda Hensley | NMLS ID 280206

Phone: (916) 245-0712
eFax: 800.670.0929

919 Reserve Drive, Suite 132
Roseville, CA 95678

Ark-La-Tex Financial Services, LLC d/b/a Benchmark Mortgage 5160 Tennyson Pkwy STE 1000, Plano, TX 75024. NMLS ID #2143 (www.nmlsconsumeraccess.org) 972-398-7676. Some products may not be available in all licensed locations. Information, rates, and pricing are subject to change without prior notice at the sole discretion of Ark-La-Tex Financial Services, LLC. All loan programs subject to borrowers meeting appropriate underwriting conditions. This is not a commitment to lend. Other restrictions may apply. (https://benchmark.us)