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Financing

Westchester Modular Homes has the answer to all your construction financing needs. As a Westchester Home buyer, we want to provide you with a one-stop-shopping approach to building your new home.

 

Salem Five MortgageSalem Five's Modular Home Loan Program

Salem Five's Modular Home Loan Program combines a construction loan and long term financing into one mortgage. This innovative loan is processed at the same and requires only one closing, saving you time and money.

Salem Five only provides service to the following states: MA, ME, NH and RI.

Our Modular Home Loan Program lets you choose from a variety of mortgage options. Our construction loan is used in conjunction with many of our loan programs giving you the flexibility to benefit from the program that suits your needs best.

Salem Five's experienced construction department is there with you during every phase of the construction.

For a free mortgage consultation or more information on Salem Five's Modular Home Program, contact:

Mark Butler
Vice President-Residential Lending
NMLS ID#113907
Salem Five Mortgage Company, LLC
Office: 800.932.5626
Cell: 978.273.7220
Mark.Butler@salemfive.com
www.salemfive.com/mark-butler

Mortgage products provided by Salem Five Mortgage Company, LLC. Rhode Island licensed loan broker and loan lender. Licensed by the New Hampshire Banking Department.

Mark Butler's NMLS ID is 113907. Salem Five Mortgage Company, LLC's NMLS ID is 4662.

 

PrimeLendingPrimeLending New Construction Loans

Financing your very own custom home from the ground up is a little different. It's a two-step process where you first obtain a temporary loan to get the project started, then when construction is complete, you refinance your initial loan to get your regular mortgage at the most favorable terms possible.

Advantages include:

  • We'll lock the interest rate for your second refinance loan up to 9 months. This protects you against rate increases, and the lock fee will be refunded when the loan closes.
  • Your first loan will come with a fixed rate and you only pay interest on money used for construction, not the entire loan amount.
  • When you refinance your initial loan to your regular home mortgage, you'll receive closing cost credits that may result in low or no cost refinancing.

PrimeLending provides service to NY, CT, NJ, PA.

Servicing New York Only

Joseph DeLuca
Senior Loan Originator
NMLS ID# 756252
Direct 631-334-5475 | Office 631-391-6455
Joseph.deluca@primelending.com

Cherylyn Hynes
Senior Loan Originator
NMLS ID #8691
Direct 631-495-6331 | Office 631-391-6486
cherylyn.hynes@primelending.com
lo.primelending.com/cherylyn.hynes

Servicing CT, NJ, and PA

Thomas Weisman
Production Manager
NMLS ID# 125631
Direct 845-476-3241 | Office 845-476-3241
tweisman@primelending.com