One-Time Close Construction Loan

One-Time Close Construction Loan

Who is this loan product for? Our One-Time Close Construction loan is designed for homebuyers or homeowners who want to build a new home with the convenience of a single closing. Unlike traditional construction loans that require multiple closings and separate approvals, this program combines your construction financing and permanent mortgage into one loan – saving you time, money, and stress.

• Minimum FICO: 580 VA, 620 Conventional (lender guidelines may apply)
  
• Down Payment Minimum: As low as 0% for VA, or 5% for Conventional (varies by program)
  
• Max Loan-To-Value: Depends on loan type (VA 100%, Conventional 95%)
  
• Max Loan Amount: Based on VA, or Conventional county loan limits (Washington County: $806,500 Conventional & VA)
  
• Fixed-Rate Mortgage Options Available
  
• Loan Term Options: 30 year VA,  15 & 30 year Conventional
  
• One-Time Closing: No need for two separate closings (construction + permanent)
  
• Eligible Loan Types: VA & Conventional

As independent mortgage brokers, we guide you through every step of the construction-to-permanent process, coordinate with your builder, and ensure you lock in the best available rate and terms. With one application, one approval, and one closing, we make financing your dream home simple and efficient.

👉 Ready to build your home with one easy closing? Contact us today to learn more about our One-Time Close Construction Loan.