Construction to Permanent Loans

Our Construction to Permanent Loan option will save you time and money. For this unique loan you will only need to complete one set of paperwork and go through only one closing. There is not second credit qualification process to go through when the loan rolls to a permanent loan.

• Interest Reserve
  This great feature assists you during the construction process because you are only required to make payments after the interest reserve has been used. You can also make changes to your plans during the construction process without hassles.
   
• Flexible Documentation
  You can choose from a full documentation process, a reduced document, or stated income and assets process.
   
• Future Value
  Why Wait? You can use the estimated future value of your home for the loan calculation.
   
• Up to an 18 Month Term
  Flexible time periods are available for all sizes of construction projects.
   
• Land Equity can be used as a Down Payment
  You can receive a credit for the equity in the lot you are going to build on to satisfy the down payment requirement.
   
• Closing Costs Financed
  All our loan programs have the option of including closing costs in your loan. It is feasible for you to come to the closing table with no money out of your pocket.