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I will have approx $600-700 K cash which I can initially deposit and be looking to borrow approx the same amount to complete construction. Income is $325 K and no other debt or expenses.
Thanks for any info you can provide.
Michael, Port Severn
February 5, 2015 07:20:54 PM
Borrowing & Managing Your Credit
In reply to Michael, Port Severn
Great to hear from a long-time customer, Michael and we appreciate you considering us! We'll be more than happy to answer your questions today.
You'll be glad to learn that you are welcome to apply for a construction loan with us as a Cross-Border Applicant, seeing that you'll be applying for property which falls within our footprint. Any one of our Specialists will be able to review the guidelines for this application with you and give you the info you need. You can reach our Financial Solutions Group directly and apply at 800-937-5020, 24/7.
We also invite you to view more about our Cross Border Banking services here: http://bit.ly/1ienPN4, and just in case, also see http://bit.ly/1jbFLvX to learn more about the Cross Border Mortgage process.
We hope this helps you get started, Michael! Thanks again for choosing TD and we look forward to continuing our conversation soon!
Kristen P, Mount Laurel
February 5, 2015 07:22:05 PM