That depends on the exact charges. Grand theft, generally, as a felony (you do NOT want to be convicted of a felony!) has a maximum of three years in custody. Simple possession of drugs - even prescription drugs if the prescription is not yours - can have the same maximum.
Make sure youâre ready for your mortgage appointment by getting together all the documents you need. 1  Agreement in Principle. 2  Proof of ID and address. 3  Income details, whether youâre employed or self-employed.
Providing that you meet all these criteria and have good credit, you should be able to qualify for a construction loan. Generally, lenders also require information regarding your income (to be sure you can afford the mortgage payments) and your current home, just as they would with any type of standard mortgage loan.