Construction Perm Loan

When you’re building a home, a construction-to-permanent loan covers you from the ground up. Financing for the lot, construction and mortgage are covered in a single loan. Since there is one closing, and one set of closing costs, you save time and money.

 

Construction-to-permanent loans offer home buyers the following benefits:

Offers the convenience of combined financing

Saves time and money

Allows you to stay focused on building or renovating your home

 

A construction-to-permanent loan may be right for you if you:

Are building a primary residence or vacation home

Need to buy a lot and build and mortgage a home

Just need to build and mortgage a home

 

Talk to your lender to see if a construction-to-permanent loan is right for you!

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