In the event your highest LTV is what lured both you and you’re not a good fit for this sort of loan program, various other lender could be a better complement your situation. You don’t need to stick with the first bank your chat to! Discuss the options and get one that is a good fit.

When interviewing some other banking institutions, avoid being discouraged because of the proven fact that you aren’t really-qualified inside the construction money-not one person although banker try. Remember that new banker isn’t well-trained from inside the everything you manage to own an income often.

Definitely see a lender this is the proper complement your unique situation. Your own builder can help you with that, as he probably has many banking matchmaking and certainly will expose your to just the correct one.

During the last 53 age strengthening home from inside the main Oklahoma, we done providers which have those banking companies. Specific had been expert to handle, off the creator and you will customers viewpoints, specific was basically Okay, and several was indeed downright hard if you don’t inexperienced.