Best practices or missed items for construction loans?

• Advise Granite if project has started prior to closing. Include contact party information for a preclose site inspection (name, phone number, email address)
• A copy of the appraisal is required
• Advise Granite if a draw at close is needed and provide fully executed Form E
• Floor and elevation plans are required where the footprint of the property is changing
• If doing a staged draw process, it must be accompanied by the project specifications to verify the eight elements of construction are included
• The following is not required for project approval: Land purchase contract, loan specific documentation and permits.

Security America Mortgage, Inc

Security America Mortgage is one of the leading VA Home Loan Lenders in the nation; We are not a government agency. We pride ourselves on providing excellent customer service to ensure that each Veteran we serve ends up living happily ever after in the home of their dreams. This is a private website that is not affiliated with the U.S. government, U.S. Armed Forces, or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency.

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