A One-Time Close Construction Loan, also referred to as a construction-to-permanent or single-close loan, is a single loan that (you guessed it!) closes once and when the construction is complete. You write one application, sign ...
If you’re planning to create a new home in 2025, a one-time close construction loan, sometimes referenced as single close construction loan, might be the most convenient way to merge construction financing and permanent mortgage ...
The design and construction of your own custom home is a fantasy for many families. Unlike the purchase of an existing house, when you build a custom home, you get to make all design decisions, ...
It is new home can be one of the most exciting occasions in life. But financing can be tricky, especially if you’re accustomed the combined construction loan/mortgage process. That’s where a One-Time Close (OTC) Construction ...
For so many veterans and service members, home ownership represents the cornerstone of what it means to have a home, beyond just a place to live, but a place to serve, as well as a ...
