BuyingBuildingRefinancingHome Equity
Bank Online
Construction Loan Process
Which Mortgage is Right for Me
Home Loan Glossary
Loan Types
North Shore Bank of Commerce
PersonalBusinessInvestments & TrustMortgages

Home
Find It
Tools & Calculators
Branches & ATMs
Customer Service
March 11, 2010


Construction Loan Checklist
 


Before final approval

on the loan, we'll order an appraisal of the home. For that, we'll need from you:

__Full set of construction plans

__Description of Materials signed by Contractor and Applicant

__Signed contract between Contractor and Applicant

__Signed sworn construction statement

__Purchase Agreement for land or Warranty Deed if land is previously owned. If purchased in last year, verification of purchase price is required.

__Check for the cost of the appraisal

Once footers are in place:

__Order a plat sketch from the title company and they will supply it to North Shore Mortgage.

Throughout construction:

__Send builder invoices, signed by you, to the title company

Equal Housing Lender
Click here for more information on how to contact a Mortgage Officer
 

 

About Us | Privacy | Security     Copyright 2000 North Shore Bank of Commerce