FHA/HUD
As an approved FHA MAP lender, Great Lakes can secure mortgage insurance through a variety of programs administered by the Federal Housing Administration (FHA) under the U.S. Department of Housing and Urban Development (HUD). This insurance allows the lender to provide long term (in some cases, 40 years) low interest, fixed rate financing for ground up contstruction, rehabilitation and renovations, or refinancing an existing project.
Together, we can decide if FHA is the most appropriate program for your project.