Save time and money with a one-close
construction loan with a jumbo option.
Building a custom home is a complex project, but financing it can
be easy with a one-close construction loan with a jumbo option.
This time-saving mortgage needs just one application and one
closing to cover both phases of the project—home construction and
purchase. During construction, interest-only payments keep your
costs down, too.
With a loan this simple, you’ll have more time to design the perfect
home for you.
Features and benefits:
One set of closing costs and fees
Interest-only payments during construction
Loans up to $1.5 million for primary residences
Rate can be locked at any time
Simple and flexible draw process
89.99% LTV for conforming loan amounts
Contact me to discuss how you can build and finance the
home you truly want.
Simplified financing for
custom-built homes
Borrower must have an escrow waiver to be eligible for interest-only payments during construction. If not, borrower will be responsible for making interest,
tax, and insurance payments monthly.
Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions
may apply. Requires a fully executed, third-party builder contract. Not available in Alaska or the U.S. Virgin Islands. 1121
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