About Anna DeCamp

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So far Anna DeCamp has created 10 blog entries.

How to Get a Loan to Build a New Home

Rather than search the market for an existing house, many people opt to build their own home with all the features and amenities they want. Finding financing for this, however, can be a tricky process, especially for someone who has never done it before. Here, we’ll walk you through how to get a loan to build a home. […]

June 8th, 2017|Mortgage|0 Comments

Easy Home Construction Financing

You have been thinking about taking a big step and building a new home from the ground up.  You’ve already made many decisions such as the location, builder, architect, size and style of home you will build.  But how do you find financing to build a new home? Even though you may not be sure where to start, it is possible to find easy home construction financing when you know where to look. […]

May 15th, 2017|Mortgage|0 Comments

Texas New Home Construction Loans Explained

In Texas, many of us dream of one day building our dream home complete with all the features and amenities that we have always wanted. The not-so-dreamy part comes when we have to get the financing. Fortunately, a few lenders, such as Anna DeCamp at First United Mortgage, offer Texas new home construction loans that allow borrowers to secure the financing for the construction of their custom home, then convert the amount owed into a traditional mortgage. […]

May 5th, 2017|Mortgage|0 Comments

Build on Your Own Lot for 0% Down

Financing the construction of a custom home from the ground up can be a headache. But wouldn’t it be a dream if you could secure financing that would let you build on your own lot for nothing down? While loans like this are not available everywhere, some mortgage lenders are offering one-time close construction loans where you can build on your own lot for 0% down. Even better, you only need a credit score of 650 to qualify! Read on to see how it works. […]

April 21st, 2017|Mortgage|0 Comments

The 5% Down Construction Loan

Building a new home is an exciting time! There are many important decisions to make and lots of things to do to get the project started. Getting a home construction loan is at the top of the list. But you have questions: How does home construction financing work? What percentage will I have to pay for a home construction loan down payment? Where do I even find a home construction loan? […]

April 6th, 2017|Mortgage|0 Comments

One-Time Close vs. Two-Time Close Construction Loans

When financing a new construction project such as a custom home, you need a construction loan. There are two types of construction loans: one-time close and two-time close loans. Here, we’ll go over the advantages of each. One-Time Close Construction Loan A one-time close loan, also known as a construction-to-permanent loan, is a popular option [...]

March 22nd, 2017|Mortgage|0 Comments

Custom Home Construction Loans

Building a custom home can be a thrilling but daunting project, especially when it comes to securing financing. Many lenders are reluctant to lend money for a home that doesn’t actually exist yet and thus cannot be used as collateral. Because of this and the unknowns that come with new home construction, most banks avoid the custom [...]

March 7th, 2017|Mortgage|0 Comments

Benefits of Securing a Locked Rate Construction Loan

Construction loans come in a variety of shapes and sizes, from standalone loans that come due once the project is finished to construction-to-permanent loans that roll over into a mortgage. In either case (though perhaps more so with a one-time close loan), you can benefit a great deal from locking in the rate. One-Time and [...]

February 14th, 2017|Mortgage|0 Comments

How do construction loans work?

Construction loans can be highly complex and certain requirements must be met, to successfully apply for one. These loans take certain measures to ensure everything works out in everyone’s best interest. Here, we will describe how construction loans work. Types of Loans First, let’s look at the different types of construction loans available. There are [...]

February 8th, 2017|Mortgage|0 Comments

What is a one-time close construction loan?

What is a one-time close construction loan? Also known as a construction–to-permanent loan or an “all-in-one” loan, a one-time close construction loan is taken out by a future homeowner to finance the construction of a house. This type of financing wraps all the costs associated with building a home—lot, materials, construction—into one neat package. Why [...]

January 25th, 2017|Mortgage|1 Comment