What does the T1, T2 or T3 mean after the project name on the Granite documentation on one time close conventional construction loans?

These are the three different tiers utilized for builder approval. Depending upon the strength of the builder and/or the builder’s credit profile, a T1 builder would have a streamlined draw process, a T2 builder is a partial streamlined draw process and a T3 builder would have to provide the full documentation including all required invoices and lien waivers. See Exhibit A – Tiered Builder Draw Requirements

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.

Contact Us Today! Call toll-free: (844) 920-2523


"*" indicates required fields

Step 1 of 4

Or Call Now For Help! (844) 920-2523