July 24th, 2024 4:15 PM by Sam Kader MLO130505
Save time and money with a one-close construction for Conventional and VA loans. Building a custom home takes hundreds of decisions, but paying for it is easy with a one-close construction loan. Instead of getting separate loans for building and buying, you can get one convenient loan to cover both. There’s just one application and one closing, saving you time and money, too.
And now, this all-in-one loan includes higher limits, so you may be able to dream even bigger. Reasons to consider a closed-end second mortgage • 15- and 30-year fixed options • Conventional and high-balance available • Interest-only payments during construction • Lock in your rate at any time • Ask us about float down options • 9- and 12-month construction options • Easy construction draw process • One set of closing costs and fees
More information on Construction Loan here.