Build
Your Home and Your Future
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The only
thing better than buying a home is building a
home. And Pacifica South makes building your home
manageable and economical
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Your Single Best Source For Construction and
Rehabilitation Loans
When
it comes to home construction and rehabilitation loans, we offer a full range of
innovative products and flexible program options. We can take you
from lot acquisition to groundbreaking to home ownership--all in one
easy process. Our source of Home construction and rehab:
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Allows various
property types
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Rolls
to-permanent financing flexibility
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Gives up-front
rate lock for Permanent Loan
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Affords
dependable, flexible disbursements
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Provides for flexible
construction terms
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Available for
Primary Residences, Vacation Homes and Investor Rehabs.
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Owner
Builder
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Purchase
Rehab
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 Home
Ownership is the dream of most Americans but out of reach
for many. Our Owner-Builder Construction Loan option
gives the Owner Builder a loan program that is manageable
and in their control.
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 Rehab
Properties are usually purchased “as is” and are to be
completed, rebuilt or
have need of other improvements to complete the purchase
and/or upgrade of the home. Financing is provided
based on future value of the completed improvements.
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Construction
to Perm
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Home
Remodel & Improvement
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 Available
for either your primary residence or second home, this is
the perfect loan for the homeowner looking to build a dream
home, or do a major remodel of an existing home. This
program allows for a construction period of 6 to 12 months.
And when your project is complete, the loan simply converts
to a permanent mortgage
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 This
loan is designed for the homeowner who is looking to improve a
primary residence. This unique loan uses the value of the home
based on future value of the improvements after completion.
That means more dollars are available for the new kitchen,
bathroom remodel, room addition, extensive home improvement or
other remodeling project
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Spec Takeout
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Lot
Financing |
 We
Can Save Money and Lower Your Project’s Cost On A Spec
Loan! Pacifica South Bancorp can convert a builder’s
spec loan into a Construction-to-Permanent Loan for the
buyer. EVERYBODY WINS, THE BUILDER AND THE BUYER
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 Before
you can build your new home you will need the perfect site.
Our Lot Loan is the right loan if you're looking to purchase
a residential lot for the future construction of your
primary residence or second home. Once you have purchased
your land, you will have time to design your home and choose
a contractor. |
Building
Code Violations
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Broken
Priority
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 If
a realtor or individual has a property listed for sale, but
is unable to get conventional financing due to a building
code violation, Pacifica South will finance up to 95% of the
purchase price of the property plus the cost to cure.
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 We
will finance a project where construction has already
started. This is considered “broken
priority”. The borrower will need to provide
evidence of payment on work performed, appraiser to address
any adverse conditions due to construction in progress, and
title company willingness to insure project.
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Bridge
Financing
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Home
Purchase Loans
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 This
loan enables you to access equity in your current home to
use as the down payment on one of our construction loans.
This way, you don't have to wait to sell your old home
before building your new dream home!
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 There
are many factors to consider when choosing a mortgage
loan. Do you want the stability of a fixed rate, or are you
willing to accept a little more risk in exchange for the
lower initial rate of an adjustable mortgage? How long do
you plan to stay in your home? How much do you want your
monthly payment to be? Whatever your preference, we have the
right mortgage for you!
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