Whether you’re looking to build a home now or later, there are construction mortgages that can save you money and time.
Financing For Land & Home's Construction
This is a special loan for people building a home. It covers both the construction phase and the regular mortgage you’ll get after the house is built. Think of it as a 2-in-1 loan.
loans for builders with a build to rent strategy
Designed for investors looking to finance the construction of a rental property. It’s a single-close loan, meaning there’s one closing process for both the construction phase and the permanent financing for the rental property.
How a One-Time Close Loan Works
Team up with a builder and finalize your plans. Get pre-approved for the entire loan amount (construction and permanent financing).
Close on one loan that covers both construction and future mortgage. Funds are released in stages ("draws") as construction progresses and inspections are completed.
Once construction is finished, the loan automatically converts to a regular mortgage with monthly payments covering principal and interest.