Lending services may be provided in certain states by Marketplace Home Mortgage, L.L.C. (NMLS#1082). This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. The information here may not be up-to-date and may no longer be accurate. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal, and title report.

New Construction Financing

What is it?

Kerry Donovan

Mortgage Loan Officer NMLS#1708267

C: 617-827-4085

O: 603-654-2763

F: 603-218-6479

E: kdonovan@marketplacehome.com

W: www.kerrydonovanhomeloans.com

Marketplace Home Mortgage L.L.C. NMLS# 1082

116 S River Road, Unit B, Bedford NH 03110

How it works:

Construction Phase:

• Ability to finance the construction of a new home. 
  
• Loan closes in advance of construction but will not be fully disbursed.
  
• Funds are disbursed on a draw schedule.
  
• Fund that can be disbursed in advance include draw to builder, payoff of land