Have good credit. Determined by review of your credit report.
3.
Have a level of income that will qualify you for the mortgage.
4.
The loan amount will be enough to complete the construction of your new home. To assist you in fulfilling this requirement, we need you to use the Home Building System.
5.
The last requirement is your equity. Depending on the loan program you apply for, your down payment must be either 5, 10 or 20% of the total project cost. >