Mann Mortgage is proud to announce our "Dreams with Beams" program, which gives borrowers a better option for building the home of their dreams. When you utilize a MannMade Construction Loan, you’ll gain access to our collaborative, cloud-based construction loan software which simplifies communication between you, the builder, 3rd party inspectors, title companies and Mann Mortgage . You also get full-time support and real-time tracking for the construction phase of your financing through the entire building process, to ensure you stay on budget and on time with your construction loan.
The MannMade construction loan process
- Step 1 - Apply
- Use our convenient Simple & secure online application for your MannMade construction loan.
- Step 2 - Processing & closing
- Save time and money with our one time closing construction-to-permanent loan.
- Step 3 - Construction & collaboration
- This is where your dreams come to life! Our cloud-based construction loan software will allow for full transparancy into the home building and financing process.
- Step 4 - Move in
- The day you are waiting for!
Your One-Time Close Construction Loan Options
Conventional
5% down payment
Min. Credit Score: 700
The most popular construction loan option of a fixed-rate mortgage with terms from 15 or 30 years.
FHA
3.5% down payment
Min. Credit Score: 640
A ‘Federal Housing Administration’ construction loan designed for those with less-than-perfect credit and a lower down payment.
VA
0% down payment
Min. Credit Score: 640
Construction loans dedicated to veterans or active duty service members. Includes exclusive benefits.
USDA Rural Development
0% down payment
Min. Credit Score: 640
Insured by the U.S. Department of Agriculture, USDA construction loans are mortgages in rural areas.
Have some questions?
Check out our construction FAQs page to find a list of the most common construction loan questions and their answers.