Conventional construction loans

Lydia came to us through a referral from a realtor friend, ready to place a new manufactured home on land she already owned free and clear. She chose her home through Preferred Choice Homes of Johnson City, and with strong qualifications, a conventional one-time-close loan was a natural fit. Her land's value went toward the down payment, and she chose to add some of her own cash on top of it, bringing her total down payment to about half the project's value. That left her with a relatively small loan amount and a payment she felt good about.

Ty came to us through a referral and chose to work with us because of our communication and pricing. He had inherited land in Dungannon, Virginia, and wanted to place a new manufactured home on it through Clayton Homes of Kingsport. Because the land needed to be split, a new survey was required, and between some early delays and a survey that took about three months to complete over the winter, the process stretched to roughly nine months from our first conversation to closing. Ty stayed patient, his inherited land served as his down payment, and he's now living in his new home.