SEAN ROONEY
BUILDER INTRODUCTION
BUILDER
- MORTGAGE PARTNERSHIP
The Sean Rooney team and Capital Mortgage Finance
Corp. have developed a unique financing program
for new home construction benefiting the builder
AND buyer. Sean and his high quality team boast
more than 65 years of mortgage experience offering
you the best in service and professionalism.
Sean’s team caters to the new home builder
market with a special emphasis on construction
to permanent loans, condominium projects and PUD’s.
Sean is an active member of “HBAM” The
Home Builders Association of Maryland; MBA, The
Mortgage Bankers Association.
Sean’s innovative builder programs are crafted
to allow the homebuyer to move into their new home
with 100% financing, rolling in closing costs (or
minimum cash investments) therefore increasing
the prospective buyer pool and building maximum
sales velocity for his builders.
Sean is recognized by many of his builder clients
as an advisor who is willing to take the time and
cares enough about each individual to give them
more than just a loan.
Working with CMFC gives your homebuyer the best
of both worlds, a Lender and Broker. We make you
look good at all times offering your customer the
best!
Capital Mortgage (CMFC) is registered as a direct
lender with the strength of Fortune 100 national
partnerships, who is locally owned and operated
understanding your neighborhood on a personal basis.
On the occasion when a niche loan is needed to
match your clients needs we have the accessibility
to broker the loan to ensure your homebuyer completes
the sale. CMFC is one of the areas largest mortgage
firms, serving 7 mid-atlantics states.
The most innovative program to date is the Capital
Advantage Construction to Perm Program. It is simple
yet progressive in its’ design.
- The homebuyer meets with the builder to
determine which home and options meet their
needs.
- Capital Mortgage reviews the estimated price,
adds in closing costs, interest carry during
the construction period plus a margin to cover
future upgrades and advises the builder on a
final contract price.
- Homebuyer and CMFC complete loan application
with new adjusted sale price.
- Capital orders appraisal to include new adjusted
sale price.
- Builder notifies Capital of preferred draw
schedule.
- Loan is approved and settlement occurs, with
lot price, realty sales costs and engineering/permits
etc. proceeds to buyer.
- Home starts construction, inspections ordered
by builder as each phase is completed
- Inspector sent for each completed phase and
draw proceeds sent or wired directly to BUILDER.
- Home completed, final inspection and Use and
Occupancy completed for final draw to be sent
to builder.
Some of the benefits of this program verses the
traditional end financing is:
Sales Volume will increase because of:
- 100 % land purchase
- 100 % advance on construction costs
- Possibility of funding all closing costs
- Possibility of funding all carrying costs
- Transfer tax paid on lot price versus sales
price
- Able to purchase more home
- Save the home buyer up front cash
- Realize Significant cash rebate on income taxes
- Allows homebuyer to build new home without
the hassle of pre-selling existing home by use
of bridge, blanket, or collateral loan
- Can qualify borrower for larger home price
by qualifying on new home payment only without
accounting for current home liability
- Allows for more non-contingent buyers giving
the builder security of avoiding a unique spec
with undesirable/personal choice options installed
- $$$$$ savings for your client with our “one
time close - modification featuring reduced closing
costs”, giving your buyer more ability
to upgrade the home
- Long term rate locks to offer peace of mind
to home buyer
- Float down option if market rates improve
for home buyer
Sean Rooney Bio
You’ve got a family
doctor and a family attorney, but do you have
a personal mortgage consultant?
YOUR FAMILY’S CONCERNS are, no doubt, of
utmost importance to you. After all, what’s
more important than the well-being of those you
love? When a medical emergency arises or you’re
facing legal issues, you turn to a professional
with experience and skill to handle your needs.
It should be the same with your home mortgage,
possibly the most important financial decision
of your lifetime.
Having the proper mortgage in place that best
suits your unique situation is critical to your
future financial success. Why trust that importance
decision to chance? The time to choose a professional
mortgage consultant is before you need one. That’s
where Sean Rooney and his team can help. Sean is
one of the area’s leading experts on new
home mortgages. Helping families like yours is
not just his job, it’s his Promise. Sean
says “Your home is one of the most important
investments you’ll ever make. The last thing
you need is a loan that will “just do””.
You need a loan that will work for you
today, as well as protect you
tomorrow,
“Don’t you owe it to yourself - and
your family - to at least find out how his unique
brand of personal service, integrity and extraordinary
results can make a difference?”
SEAN’S PROMISE TO
YOU
Trust: My customers can count
on me to always have their best interest in mind.
Respect/Knowledge: My customers
can count on me to learn daily, keeping
abreast of industry updates, economic
indicators and mortgage guidelines
to protect and advise them to the
best of my ability.
Honesty: My customers can
count on me to tell the truth.
Responsibility: My customers
can count on me to communicate with
them in a timely, professional, and
caring manner and to do what I say
I’m going to do.
Availability: My customers
can count on me to be there for them
night and day, before and after closing,
next year and years after that for
any needs, questions or concerns
that may arise.
Optimism: My customers can
count on me to look for and see the
best in them and in the situation
we face together.
Contact Sean today so he can deliver his promise
to you!
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