Articles, Updates, and Guidelines
The One-Time Close Construction-to-Permanent Loan is a secure, government-backed mortgage program available for one-unit stick-built primary residences, new manufactured housing for primary residences (no singlewides), and modular homes. Our articles and updates are presented to keep you informed on loan guidelines, program changes, and topics to help you build and get financing for your own home.
January 19, 2023If you are considering building a home with a One-Time Close mortgage, there are choices you will need to consider such as the types of materials you choose to build your home with. What kinds of choices?
January 12, 2023If you want to build on your own lot in 2023, you're naturally paying attention to mortgage loan interest rate trends, improvements in the housing market, and related issues. But there are other issues to be mindful of when you commit to building a home using a One-Time Close construction loan.
January 10, 2023What are the differences between FHA, VA, and conventional construction loans? There are some important issues to keep in mind about each type of loan before you decide on the right type for you.
January 4, 2023There are five things to know about One-Time Close construction loans that can help you make more informed decisions in the planning stages of the loan. The planning phase is extremely important and you will want every advantage possible in preparing for the transaction. Here are five things to remember about construction loans.
December 29, 2022Some borrowers aren’t sure whether to consider buying an existing home or building one from the ground up using a One-Time Close construction loan. Others are convinced the only way to go in 2023 is to build and customize the property as much as possible.
December 27, 2022Are you thinking about applying for a One-Time Close loan to help you build a home in 2023? There are some important factors to remember going into the new year if you are thinking about a single-close construction loan.
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