Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (888) 259-2257
Apply Now

 FHA Loan Limits are specific to your county.
Check your county loan  limits here.

 Conforming Loan amounts up to $726,200 | FHA Loan Limits are specific to each Florida County
Check to See Florida FHA loan limits here

Turn Two Construction Loans

Turn Two Construction

Turn Two Construction Mortgage Programs

Close just once with Fidelity Home Group’s New Construction Financing Programs! 

Fidelity Home Group partners with Turn Two Construction to offer a custom-tailored construction loan products gives you the chance to both construct and finance the home of your dreams with just one application and one closing. Only one set of closing costs and fees, a simplified draw schedule, plus having to make just interest-only or no payment options during construction are available.

Turn Two Construction has a mission to rescue today’s housing crisis by developing, building, and renovating beautiful affordable homes. We believe everyone should have a fair chance at owning their home at an affordable rate for their circumstances. We believe affordable doesn’t mean you can’t get todays best home features, that’s why we put an extra focus on today’s latest design trends, technology, and materials for energy efficiency and eco-friendly options when building your home. Our goal is to partner with developers and government agencies that have programs dedicated to support and offer incentives for families in need to purchase a home they can afford.

The one-close construction loan.

Waterfront views. Game rooms. Granite countertops. Mechanic’s garages. Everyone has their own ideas of what a perfect home is like, but let’s face it—they’re not always available on the market. This custom-tailored loan product offers clients the chance to both build and finance the home of their dreams—all with just one application and one closing.

Turn Two Construction and Fidelity Home Group offer unique loan products to build and finance your perfect home!

Features and Benefits:

• 0% Down Payment for USDA New Construction
• 0% Down Payment for VA New Construction
• 3.5% Down Payment for FHA New Construction
• 5% Down Payment for Conforming New Construction for Primary Residence
• 40% Down Payment for Conforming New Construction for Second Home
• Loan amounts up to $726,200, or more in high balance areas for Conforming Loans
• Loan amounts for FHA are specific to each Florida County – Check Florida FHA loan limits here
• 680 Minimum credit score for Conforming / Fannie Mae Program
• 660 Minimum credit score for FHA, VA and USDA Programs
• Rate can be locked at any time during the loan application/process
• Simple and flexible draw process with no set schedules
• Consolidate construction and purchase for only one set of closing costs and fees, loan type and term available in 30-year term only

Eligible Properties Include:
• Stick Built Homes
• Modular Homes
• Multi-Wide Manufactured Homes
• Condominiums

New Construction Program Requirements:
• Maximum Construction Period is 9 months
•  If property is in Wetlands, A Wetlands Certification issued by a local authority and recorded is required
• Max Acreage Is 10 acres
• All programs are Fixed Rate Mortgages with 30-Year term 
• Minimum Loan Amount of $200,000
• Contingency Reserve – Up to 5% for Conforming, FHA and VA Programs
• Contingency Reserve – 10% of Contract price or $5,000 minimum required for USDA Program

Not Permitted:

• No Judgments with an outstanding balance; must be satisfied/paid
• No Self-Builds, Self-Help, Sweat Equity are permitted
• Projected rental income on current residence CANNOT be used for qualifying purposes on new construction home
• No Single-Wide Manufactured Homes are permitted

Turn Two Construction Loan Programs

Let’s build your Florida dream home together. Our Fidelity Home Group Mortgage Experts specialize in new home construction loans and Turn Two Construction from application through completion will minimize the stress and streamline the communication and closing process!