Articles, Updates, and Guidelines

June 21, 2023Before agreeing to use them on your One-Time Close Construction Loan project, what should you know about a contractor, builder, or another service provider? In addition to knowing the builder's reputation online and in the local community, you should ask some very specific questions to make the most informed decision about who to use.

June 14, 2023Should you build a home or buy existing construction? This isn't a dilemma for those who have decided not to buy an existing home, but some borrowers only look at dollar signs (at first) when comparing their build-or-buy options.

June 7, 2023If you plan on building a home with a One-Time Close construction loan, there are some important considerations to make when planning and saving for your loan. What makes you a more attractive borrower to a lender who has to justify approving your single-close construction loan? We examine the possibilities below.

May 31, 2023If you want to build a home from the ground up, there are costs to think about as early as possible in the planning stages. Anticipate these expenses for best results when building your house with a One-Time Close construction mortgage.

May 24, 2023Part of the process may seem confusing if you have never built a home with a Single-Close construction loan. For example, why do some lender websites tell you to find a builder before you apply for the loan, only to tell you later the lender may need to approve your contractor?

May 17, 2023Do you want to build a home with a One-Time Close mortgage? Are you new to the home loan process? If so, there are resources you should use to make the process easier and less stressful. Building a home instead of buying existing construction can be more challenging, but using the right tools, you can manage those challenges along the way.