New Home Lending
Meet Our Preferred Lender: Cadence Bank
At Volterra Construction Group, we’ve partnered with Jared Morris and Cadence Bank to offer our clients access to tailored mortgage solutions, specifically designed for those building on their own lots, Home Renovations, or purchasing land to build. Community Bank’s experience in the construction loan market ensures that you get the most efficient and supportive process possible
One-Time Close Construction Loan Program: Simplifying the Build Process
The One-Time Close Construction to Permanent Loan (1XCP) is offered to designed to save you both time and money. This program eliminates the need for multiple loans by combining your construction financing and permanent mortgage into one seamless transaction. Benefits include:
- Locked interest rate at the initial closing
- One set of closing costs
- Secure permanent financing for peace of mind
This loan is available for primary and secondary residences only. Cadence Bank also offers a wide range of options, including FHA, VA, USDA, and Conventional loans, ensuring that no matter your situation, you have access to the best fit for your financial goals.
Loan Program Highlights
- Fannie Mae/Freddie Mac Fixed-Rate Loans: 15 to 30-year fixed options available
- FHA/VA Construction Loans: Offering fixed-rate loans up to 30 years
- USDA Construction Loans: Great for rural properties, with 30-year fixed options
- Minimum FICO Requirements: 580 for FHA/VA (max 90% LTV), 620 for max financing, and 640 for USDA
- Competitive Loan Amounts: Loan limits that adapt to your needs, with high balance options for qualified borrowers
Key Advantages
- In-house processing and underwriting ensure quick and efficient approvals
- Pre-qualification and income reviews ensure you are eligible from the start
- Loans are available for ground-up construction, tear-downs, and custom builds
At Volterra Construction Group, we know the complexities of building your dream home, and that’s why we’ve teamed up with Cadence Bank to provide you with the expertise and resources necessary for success. Let us help guide you through the mortgage process, ensuring your journey is smooth from start to finish.