Does JCF Finance Brand New Homes coming from a GA Dealer?
No. There are several reasons why we do not finance brand new homes from GA dealers. First and foremost, our approvals are only good for 60 days. Normally, it takes between 90-120 days to have a home built and delivered. Our finance approval would not be valid at the time of delivery. Second, the dealer is responsible for any and all warranties, either written or implied. When a GA lender agrees to finance a brand new home, they are, as well, bound to any promises made by the GA dealer. If the dealer goes out of business or does not fulfil their obligation, the lender must do this. Finally, reputable GA dealerships have contracts in place with lenders that pay the dealership for application origination. Q: Can I go through a GA Mortgage Broker when Financing with JCF? A: No. Unfortunately, due to Fair Lending Practices, all consumers, based on their credit worthiness and the home they wish to purchase are given the same rate and applicable fees. JCF Lending Group offers the lowest rate
