Our One-Time-Close (OTC) Construction Loan Simplifies the Building Process
Traditionally, Construction Loans need to be refinanced into permanent loans once the building process is complete, generating unnecessary hassle and expense. Our One-Time-Close Construction Loan eliminates the extra refinance and provides low rates from the beginning.
We're here to help as many homebuyers as we can, which is why our OTC Construction Program can utilize FHA financing to bring minimum down payments to 3.5%; Alternately it can utilize conventional financing coupled with a 20% down payment to eliminate the need for mortgage insurance.
Closing can occur before construction begins and we're here to guide you through the process making it quick and painless.
The One-Time-Close Construction Loan Process
- Complete our simple Construction Loan Qualifier
- Receive options based on your unique project
- Compare our different Construction programs
- Choose the offer that best fits your needs
