Build the Structure You've Been Planning
Life doesn't just happen inside your home, it happens in the workshop, the garage, and the backyard, too. If you've been planning an outdoor project like a pole barn, metal building, or new garage, Shoreham Bank's Project Specific Advantage Loan is designed to help you get it done with the funding you actually need. This loan works hand-in-hand with the FHA Title 1 Loan to give you additional financing power for outdoor structures, so your plans don't have to shrink to fit your budget. Together, the Project Specific Advantage Loan and FHA Title 1 Loan can provide up to $100,000 giving you the resources to build outdoor structures without putting your plans on hold.
Loans Up To
$75,000
Flexible
Terms
Competitive
Fixed Rates
What Is the Project Specific Advantage Loan?
Sometimes one loan isn't quite enough to cover the full scope of an outdoor building project. That's where the Project Specific Advantage Loan comes in. This loan is used in conjunction with the FHA Title 1 Loan and is built for certain outdoor projects on your property. It bridges the gap between what the FHA Title 1 Loan covers and what your project actually costs.
Here's How It Works:
- Must be paired with an FHA Title 1 Loan
-
Combined funding up to $100,000 for single-family homes
- No down payment and no home equity required
- Pole Barns
- Detached Garages
- Metal Buildings
- Other Qualifying Outdoor Structures - Talk to our team about your specific project
Ready to Get Started?
Your home is worth investing in and you don't have to figure it out alone. Our experienced loan officers are here to answer your questions and walk you through your options. Call us at (866) 522-6755 to speak with a member of our team today.
Already Know Who You Want to Work With?
The Project Specific Advantage Loan must be used for outdoor structure type projects. All Loans Subject to Credit Approval.
