Shop Products
Houzz Logo Print
newhouse123_gw

financing in Fl please help

newhouse123
11 years ago

We are wanting to build our home on our property of 5 acres that we own and have 20% down. we had found a lender and they ran our credit and we did fill out a preapproval form and sent over all our required documents, well after many voice mails and emails we have not received a preapproval from this lender this is a month now and no answers, feeling very fustrated, we had sold our home and are living in a temp place and need to move. We were asked by the lender how much it would cost to build the home..well we dont know what size plan to look at beacuse we dont know what we can borrow? isnt that what a preapproval is for? anyone gone through construction financing is this what is the first step and do we need to summit plans and cost to the lender before getting preapproved? so confused ?? Any help Thanks!!

Comments (2)