Construction Loans – One Time Close
This is a true “one-time-close” loan program designed to finance the construction or major remodel of a primary residence or second home.
- This loan includes financing for both the construction and permanent loan in one closing. That means saving on your expense of dual loan fees and the worry of having to re-qualify for a permanent loan after the home is complete.
- Interest-rate is fixed and secure from beginning to end! You can relax and enjoy the security and peace of mind that comes from knowing the permanent interest rate before construction even begins.
- Rely on Graystone Mortgage’s years of experience in construction lending. You and your client can always count on high-quality personal service throughout the entire process.
- Construction Phase of 6, 9, 12, or even 18 months!
- One unit owner occupied primary residence.
- Low Draw Inspection costs
- Build on a lot you already own or use it to buy a lot to build
Call for further details on Construction Loans 801-403-8887