Articles, Updates, and Guidelines

September 20, 2022If you want to build your home from the ground up on your own lot, the One-Time Close construction loan, also known as a single-close construction loan, is a good option to consider.

September 15, 2022What do you need to know about One-Time Close construction loan down payments? The first thing you need to understand is that in typical cases a down payment is always required when applying for a conventional single-close construction loan.

September 13, 2022Construction loans in general are very different from the loans needed to buy existing homes. Buying existing construction is simpler, less costly, and you can move into the home as soon as you have had your closing day and accept your keys in typical cases.

September 8, 2022There are some good questions to ask when you are comparing lenders for your construction loan. Not all lenders offer the same loan terms and you will want to know how each lender approaches the issues mentioned below.

September 6, 2022What makes a One-Time Close construction loan different from a purchase loan? Besides the obvious, there are some important differences you should know about in order to make the most informed decision about the house you want.

September 1, 2022Interest rates in general can be confusing at first. But there are some general truths--and some fiction--about home loan interest rates you should know. If you want to apply for a construction loan, knowing a few facts about how home loan interest rates work will go a long way toward helping you plan your loan.