I am so excited to tell y’all about two fabulous lots in DeBordieu Colony and new lot loan product they can fall under! DeBordieu Colony is a qualified neighborhood and the program will begin rolling out to other luxury neighborhoods later this month!
For more information, contact: Steve Lastaukas directly at (843) 457-8894
Steven Lastauskas
VP, Financial Sales Manager II
First Citizens Bank
FCB Mail Code: 295 | 128 Loyola Drive | Myrtle Beach, SC 29588
(843) 650-1589 phone
(984) 867-3184 fax
(843) 650-9925 branch
MLS# 733544
Lot 26 Ballyhoo Court and Lot 45 Dene Court would both be perfect spots to take advantage of this program in DeBordieu right now!
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Loan Details: (down payment and rate are subject to change if credit score is <740)
- Option 1:
- Term: 24 month interest only (if construction will begin within 2 years)
- Down Payment Requirement: 15%
- Interest Rate: 4.88% for qualified borrowers
- Option 2:
- Term: 5 year term/180 month amortization (amortization is the repayment period).
- Down Payment Requirement: 25%
- Interest Rate: 4.63%
- Option 1:
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Loan Process:
- Application
- This will be followed by a conditional approval.
- Appraisal
- Attorney Closing
- Application
-
Loan Fees:
- Origination Fee: 0.5%
- Appraisal Fee: $500 (Subject to bidding)
- Flood Certification: $8
- Attorney Fee: This depends on the attorney
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Required Documents:
- Personal Financial Statement (attached)
- Please be sure to sign and date page 6
- 2 Years Tax Returns (personal and business if applicable)
- Please include all W2’s, K1s, 1099, etc….
- Purchase Contract
- Two most recent paystubs (if applicable)
- Source of Down Payment:
- Please provide a bank statement showing where the down payment is currently held
- Personal Financial Statement (attached)
*Oceanfront is not available for this product; oceanfront requires 35% down
LOT 26 BALLYHOO COURT
LOT 45 DENE COURT
LISTING ID 2113487
