You may have heard that the days of 100% financing are over. Not so! Because Lauren Pines is classified as a rural community, all homes qualify for true 100% financing options through the federally guaranteed USDA loan program. Haven’t heard of a USDA loan? You’re not alone, but our Preferred Lender is an approved USDA lender ready to work with you. Odds are good that you may qualify and if you do, you may even be able to roll your closing costs into the loan! Under this special program there are no PMI payments as with conventional loans, meaning your monthly payments will be lower.
If your adjusted gross income (AGI) exceeds $80,000 a year or if you have poor credit, you may have difficulty qualifying, but a lender can easily help you make that determination.
Lot LoansA local bank makes it easy to purchase your lot today and when you’re ready to build, convert your loan to a construction loan and then a permanent loan. All with no hassle!
Purchase your lot today and build your dream house tomorrow!