Combine your dream home build with us!
Looking To Build?
United Security Financial now offers the opportunity to combine your new construction with a great USF mortgage loan. Funding is available for conforming on-time close six, nine or 12-month construction terms. Program allows for payment of interest-only during construction.
Soft costs such as architectural engineering and permit fees may be financed, closing costs may not. Full third-party builder contracts only. All loans close in the name of Flagstar Bank.
What type of Rate & Term?
30 or 15 year?
A 30-year mortgage is the most common term rate. This means you’ll be paying off your mortgage over a period of 30-year or 360 month term. This helps keep mortgage costs down. principle monthly and less towards interest.
Those with a lower mortgage amount or higher income enjoy to double-down and pay off the full mortgage amount in half the time at 15-years. This allows borrowers to pay off their home in less time and pay less interest for the life of the loan. principle monthly and less towards interest.