FINANCING THE CONSTRUCTION OF A NEW CUSTOM HOME IS ONE OF THE MOST IMPORTANT THINGS TO CONSIDER.
The Jumbo One-Close Construction Loan means One Loan – Start to Finish.
Borrowers sign one set of loan documents to cover both the interim construction phase and the permanent loan once construction is complete.
This eliminates the hassle of obtaining multiple loans to get into a new home. With a one-close loan, you can purchase the land for a future home and complete the construction. Then when their custom build is ready, the loan converts to a permanent mortgage, saving them considerable time and money.
The construction period varies between 12, 18 or 24 months depending on loan program to allow time to build the new home.
To learn how this jumbo loan can help your finance your dream home, Contact us today!
714 – 855 – 9292