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| Construction Financing |
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 A
Partnership that Works for You
Indymac Bank Home Construction Lending
and BuildBlock™ are working together to make your dream
home a reality. With our combined resources and
expertise, we can help you build a home that reflects
your need and obtain a construction loan program that
makes it all happen. Together, we will be with you every
step of the way. |
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| Work with the Home Construction
Loan experts Indymac Bank is a national leader in
home construction financing. We're known for fast
decisions, exceptional customer service and a
construction loan program built for you.
 At Indymac Bank
Home Construction Lending, you work with construction
loan specialists who can answer your questions and you
contractor's questions so your project keeps moving
smoothly with no surprises along the way.
Construction loans for your homebuyers
The Indymac Bank
Construction-to-Permanent Loan eliminates the need for
multiple loans to get you into your new home. With our
one-time close feature, you can purchase the land, build
your dream home, and live it in for years to come. All
with one application. It's that easy.
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 We've
Got Just The Right Loan
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Construction-To-Permanent Loans
One loan, one closing, and one set of fees! Getting
approved for a construction loan often requires applying for two
separate loans--one for construction financing and one for
permanent financing. We offer a single Construction-To-Permanent
loan that combines both types of financing in one loan.
:: Lot Loans
Select our Lot Loan if you are looking to purchase a residential
lot for future construction of your primary residence or second
home. Then, when you're ready to build, we'll help you with your
Construction-To-Permanent loan.
:: Bridge Financing
Don't wait to sell your old home before building your dream
home. You can access equity in your current home to use as the
down payment on a Construction-To-Permanent loan.
:: Remodeler Loans
Dreaming of new kitchen or bigger family room with the energy
savings and safety features of ICF construction? Our Remodeler
Loan is designed for the homeowner who is looking to make a
major improvement to a primary residence. |
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The
Benefits: |
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One application.
One set of closing costs. One close.
No need to requalify when
construction is complete. The loan
simply converts to permanent.
Built-in reserve
eliminates mortgage payments during
construction. Interest payments will
be required in the event the
interest reserve is depleted before
completion.
Loans to $3
million.
Total loan term
includes a construction period
between 6 to 18 months.
Flexible
financing options
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©2006 BuildBlock Building
Systems, LLC. All rights reserved. BuildBlock is a
registered trademark of BuildBlock Building Systems, LLC.
©2006 IndyMac Bank, F.S.B. Registered trade/service marks
are the property of IndyMac Bank, F.S.B. and/or its
subsidiaries. Rates and terms subject to change without
notice. Some loan products may not be available in all
states. All rights reserved. All loans require underwriting
approval and some features require certain guidelines to be
met before borrower eligibility can be determined. Subject
to review of credit and collateral. IndyMac Bank, F.S.B. is
not affiliated with BuildBlock.
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