Maronda Homes provides a range of financing options to help its customers with their new home construction. Whether it be a purchase of a ready-to-move-in home, or construction of a custom designed home, Maronda Homes can offer customized home loans to best match customers’ needs.
For those purchasing a ready-to-move-in home, Maronda Homes offers a variety of conventional loan products including fixed-rate, adjustable-rate and VA/FHA loans. Fixed-rate loans are perfect for those who want predictability and piece of mind as the rate remains at the same level throughout the duration of the loan. With adjustable rate loans, the interest rate is fixed for a certain period before adjusting annually. This type of loan might be beneficial for those with a variable income. VA/FHA loans are best suited for those with a lower qualifying income, credit scores or a limited amount of cash.
For customers interested in building a custom designed home, Maronda Homes offers construction financing loans. A single loan with both construction and permanent financing can save time and cost through fewer closing costs and lower interest rates than what may otherwise arise from two separate loans. Furthermore, customers can “lock-in” the interest rate at the start of the construction. When the construction period ends and the home is completed, the loan seamlessly converts to a permanent mortgage without additional closing costs or fees.
Regardless of the type of loan chosen, Maronda Homes is prepared to assist customers throughout the process, from the loan pre-qualification to completing the home and signing off on the mortgage. Maronda Homes stands as a reliable partner for customers throughout the building process and beyond, providing assistance and advice with the utmost professionalism.