Construction mortgage loans

Building a home from the ground up is different than financing an existing property, requiring additional preparation. At Union Mortgage, we walk with you through every step of the process, tending carefully to every detail and feeling the reward when we hand you your key.

Things to know when buying a newly built home in Miami and its surrounding area

• Builders are often willing to pay closing costs or points
• There’s a broad choice of rate lock programs to choose from
• Conventional conforming and non-conforming loans
• Fixed- and adjustable-rate loans
• Jumbo mortgages
• Lock down rate and float rate options

A newly built home offers many advantages; for starters, a newly built home can be customized with your dream options. Nearly anything you can think of can be added or modified on a newly built home, plus they often already include:

• Larger open spaces
• More storage spaces
• Better energy efficiencies in energy
• Pre-wired security
• Saver construction materials