ONE-TIME CLOSE LOANS
One application, one closing and one set of closing costs!
ONE-TIME CLOSE LOANS
Why worry about re-qualifying or incurring additional costs? Designed for manufactured, modular and stick-built housing, this program offers an all-in-one financing option for construction, lot purchase, and permanent mortgage funding with one easy closing. Because the permanent loan is closed before construction begins, there's no need to re-qualify your borrower or get a second appraisal. It's taking the construction and purchase process and making it simple.
Why Get a One-Time Close Loan?
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Interest-only payments due during construction on drawn amounts only
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No re-qualification once construction is complete
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Single closing reduces total costs
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Conventional, FHA, USDA, and VA Financing available
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Credit Score as low as 600