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About GO Mortgage

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WHAT MAKES US, US

Who We Are

The Single Close Construction suite of home loan construction products was developed by GO Mortgage Corporation and its President, Chad Jampedro.

GO Mortgage is a Midwest-based full-service lender licensed in over 36 states and Washington, D.C. The inventory shortage and the availability of single-close or one-time close loans with higher loan-to-value (LTV) ratio limits, allowing consumers to make low down payments, were drivers behind the Single Close Construction product line.

The company's Construction Lending Division team is trained at the highest level to offer FHA, FNMA, USDA, and VA — Single Close Construction to Permanent loans. Additionally, the Construction Lending Division team is trained to review and approve the project budget, plans, specifications, and disbursements of all draws in-house, adding an additional layer of service and protection for our partners. GO Mortgage offers a Single Close Construction option for all mainstream products, which allows our approved partners to expand their ability to finance new construction to a greater pool of buyers.

The Team

Meet Our Leadership

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Bruce Olster

Senior Managing Director - Construction Leading Division

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Rudy Marquez

Managing Director - Construction Lending Division

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Mark Jensen

Senior Vice President of Construction Sales

"We are realizing a drastic reduction in cycle times and are closing loans faster. We are now able to compete with some of our bigger competitors."

- Client Testimonial

Features:

  • No re-qualification of the borrower at the completion.

  • Perm rate locked upfront with a one-time close.

  • Rate Float Down option at completion.

  • No payments during build on FHA, VA, and USDA

  • One appraisal. One set of closing cost.

  • GO Mortgage manages all draw administration internally (no outside parties).

  • FHA to 96.5%

  • LTV VA to 100%

  • LTV USDA to 100% LTV

  • Conventional Fannie Mae up to 95% LTV

 

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