Step One: Secure Your Lot with Consumers
  • “5/5/5” Special Financing for Verbena Lots: 5% down, 5-year term, 5% rate, No PMI
  • First five lots under contract get $1,000 from Consumers toward your closing costs
Your Verbena Construction Loan from Consumers
  • One-close processing with 12-month rate lock; modification allowed when construction is complete
  • Make interest-only payments during the construction phase
  • Special Verbena Construction Loans up to 95% of appraised value
  • Bridge financing available for departing residence
  • 12-month construction period
  • No PMI

Your $650K Construction Loan

Verbena 5% Down

Resources
Loan Amount
$617,500
Appraised Value
$650,000
Estimated Closing Costs
$5,499
Down Payment
$37,949
Rate
4.50%
APR
4.613%
Principal & Interest
$3,129
Hazard Insurance
$100
Property Taxes
$600
*No Mortgage Insurance Saves You
$266
Total Monthly Payment
$3,829
Verbena 20% Down

Resources
Loan Amount
$520,000
Appraised Value
$650,000
Estimated Closing Costs
$5,305
Down Payment
$135,305
Rate
4.50%
APR
4.613%
Principal & Interest
$2,635
Hazard Insurance
$100
Property Taxes
$600
*No Mortgage Insurance Saves You
$0
Total Monthly Payment
$3,335

Choose Your Loan

Verbena 5% Down

Resources
Verbena 20% Down

Resources
Loan Amount
$617,500
$520,000
Appraised Value
$650,000
$650,000
Estimated Closing Costs
$5,499
$5,305
Down Payment
$37,949
$135,305
Rate
4.50%
4.50%
APR
4.613%
4.613%
Principal & Interest
$3,129
$2,635
Hazard Insurance
$100
$100
Property Taxes
$600
$600
*No Mortgage Insurance Saves You
$266
$0
Total Monthly Payment
$3,829
$3,335

Pamala Kemp

Mortgage Loan Officer

NMLS# 1294909

Contact Pamala

Jim Stephens

Mortgage Loan Officer

NMLS# 436360

Contact Jim

Mortgage success story Ric Slauter

Watch here to learn how a mortgage from Consumers was a quick and easy process for Ric.

Learn more

* Examples shown are estimates. All loans subject to approval. Rates, terms, and conditions are subject to change and may vary based on credit worthiness and collateral conditions. Lot loan rates are variable and can increase once per year after the initial 5 year period.