Construction Loans
Are you ready to roll land and construction costs into one loan?
Consider the possibilities of a one-time close loan.
With homes selling almost as quickly as they are listed, you might be considering a custom home build. While building a custom home can be more expensive and complicated, a one-time close loan can help simplify the process for VA loan-eligible buyers, including active duty service members, veterans, and surviving spouses.
This all-in-one mortgage allows you to roll the costs of land AND construction into a single mortgage that closes before construction begins.
- One easy closing, with no need to re-qualify or get a second appraisal
- Interest-only payments due during construction
- Fixed-rate 15- and 30-year amortization options
- Qualifying credit scores as low as 600
- 100% Financing