Please note that the interest rate and fees shown here are available to borrowers with an excellent credit history. The actual interest rate and fees available to you will be based on your credit history and may be different than the rates displayed here.
During the construction period of your mortgage, your monthly payment will be calculated as the interest due based on the outstanding balance of your loan, plus monthly mortgage insurance payments, if applicable. After the construction period ends, your monthly payments will be calculated based on the outstanding balance of your loan, the applicable interest rate, and the remaining loan term. An estimate of that monthly payment is shown below and is subject to change.
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