Construction Loans

Custom Mortgage offers Construction-to-Permanent loans for new conventional and manufactured/modular homes.

Our One Time Close program provides construction financing, lot purchase and Permanent loan, all wrapped up in one loan.  We provides interim financing and administration for true one-time close staged funded construction-to-permanent loans.

When all conditions for closing are cleared with us, other than the final construction related conditions, the closing will be coordinated. Once closed, construction can begin.  Because the permanent loan is closed before construction begins, there is no “re-qualifying”. This is a true one-time close; therefore, you will not need to return to the settlement agent for a second closing once construction is complete.

Benefits of One Time Construction Loan: