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Hey guys
I'm looking for lenders that do construction to perm loans within the Maryland-DC-Virginia area. Looking to build an owner occupied multi-family unit. Any help greatly appreciated.
Your local banks and credit unions are your best sources. Unless you have beed a GC in previous residential construction projects, you may want to seek out an experienced GC and go from there. A qualified GC is a mandatory component of residential construction projects so you may as well look fro one now. A good GC can also refer you to lenders that may have funded projects on which they worked.
I'm in the DMV area and you should check out Wells Fargo... they have tons of information online about their constructions loans and the process. I had a wonderful experience with them and plan on using them again for a new home construction.