December 07, 2017

Union Home Mortgage Corp. Announces New Construction-to-Perm Products

Union Home Mortgage adds Construction-to-Perm products to its lineup

STRONGSVILLE, Ohio - With today’s low housing inventory, for many, the answer is to build. To help fill the void, UHM offers a 90% Construction-to-Perm (C2P) loan, creating a strong rapport with builders.

To bring a higher level of service, UHM is excited to announce C2P product enhancements – now available at 95% LTV and with a lower, 680 credit-score requirement. Plus, they added to their product offering with a new FHA 96.5% LTV C2P product to fulfill the needs of borrowers, builders and Realtors alike.

Since 1970, Union Home Mortgage Corp. (UHM) has delivered world-class service by constantly evolving to solve industry needs and serve a wider range of homebuyers and homeowners.

“We want to begin offering borrowers and their builders the same great service that we have offered to our valued borrowers, Realtors and brokers for so many years,” said Bill Cosgrove, CEO.

All UHM’s C2P products feature a one-time close, characterized by borrower benefits such as an interest-only eight-month construction period and one-time closing costs.

“The low down-payment options and lenient credit-score requirements ease qualification for borrowers and helps them realize homeownership possibilities through our construction loans,” added Bill DiCapua, high producing Loan Officer.

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About Union Home Mortgage Corp.

Union Home Mortgage Corp. (UHM) is a full-service residential mortgage banking company. UHM is an approved direct lender of Fannie Mae, Freddie Mac, FHA, VA, USDA and other conforming and non-QM loan products. To learn more about the world-class business process at Union Home Mortgage, please visit http://www.UnionHomeMortgage.com.