Articles, Updates, and Guidelines

March 31, 2022If you want to build your home instead of buying someone else's house, there is a type of construction loan that can help. The One-Time Close construction loan eliminates the need for a second loan application and approval process compared to some other types of construction loan.

March 23, 2022There are several different types of One-Time Close loans, also known as single-close construction loans. You can apply for an FHA One-Time Close construction loan, there is a VA equivalent, and even a USDA construction loan. Construction loans are available for any financially qualified borrower.

March 19, 2022There are many advantages to building instead of buying an existing home and a lot of those advantages are as much about being able to approve the design of your home and making sure it meets your needs and goals before the ground even gets broken on the construction site.

March 14, 2022If you are giving serious thought to becoming a homeowner in 2022 you have picked a very good time to explore your options. FHA loan limits are higher in 2022 than they were in most areas during 2021, and there are options including the FHA One-Time Close construction mortgage.

March 10, 2022One-Time Close construction loans aren't as well-understood among buyers, especially first-time buyers. Some look for a lender to get started building a house from the ground up, but encounter trouble in finding the right financial institution.

March 2, 2022How can you avoid wasting time when you're interested in applying for a VA One-Time Close mortgage? The first thing to remember is that not all lenders are as well-versed in this type of mortgage as you might expect.