One-Time Close New Construction Loans: Build Your Dream Home with Ease

Program Summary

Building your dream home has never been easier with our One-Time Close New Construction Loans. This program combines construction and permanent financing into a single loan, saving you time and money. With just one closing, you’ll lock in your interest rate (with the option to adjust if market rates improve), make one down payment, and go through one approval process. It’s a faster, simpler way to turn your dream home into reality.


Key Benefits

  • One Closing, One Loan: Simplifies the process by combining construction and permanent financing.
  • Rate Protection: Lock in your interest rate now and adjust it later if rates improve.
  • Convenience: Only one approval and one credit check required.
  • Flexible Options: Perfect for building your dream home without the hassle of multiple closings.

Conventional Loan Options

  • Choose from 15- and 30-year fixed, high balance, and 7- and 10-year ARM options.
  • Available for primary homes, second homes, and investment properties.
  • Borrow up to conforming loan limits with as little as 5% down.
  • Minimum credit score of 700+.
  • Interest-only payments during the 11-month build period, with an additional 1-month modification period.

VA Loan Options

  • Available on 30-year fixed loans.
  • Finance up to $4 million with as little as 0% down.
  • Perfect for primary home purchases or cash-out refinances.
  • Minimum credit score of 580+.
  • No payments required during the 11-month build period, followed by a 1-month modification period.

What’s Not Eligible?

  • Attached condominiums, cooperative properties, or temporary rate buydowns.

Who Is This Program Best For?

  • Families or individuals looking to build their dream home with a simple, streamlined financing process.
  • Veterans who want to use their VA benefits for a new construction project.
  • Homebuyers seeking to combine construction and permanent financing into one easy loan.

Get Started Today!

Ready to bring your dream home to life? Contact us today to learn more about our One-Time Close New Construction Loans and take the first step toward building your future home.