Leave the financing to the lender that knows the drill – If you’re considering building a home, you’ll have lots of decisions to make, from floorplans to finishes. But how you will finance it doesn’t have to be so complicated – you can get the house you’ve always imagined with a One-Time Close construction loan, which allows you to save time and money.
With this option, you can combine an interim construction loan with a permanent mortgage loan into one simple transaction. This type of construction-to-permanent home loan means you only have to fill-out one application and complete a single closing.
Program benefits:
- You pay only one set of closing costs
- Pay as little as 5% down* for primary residences
- Payments during construction are based on interest – not loan amount
- You take title to the property right away and so you can begin building equity immediately if values improve
Not every lender offers One-Time Close, so choose an organization that understands home-building finance and can help you solve for what happens during the construction phase, before that 30-year mortgage kicks in.
Contact me today to get started!
*Additional restrictions may apply. Contact your Jet HomeLoans loan officer for more details.