How Construction Loans are Built
A One-Time Close (OTC) New Construction loan, also known as a Construction-to- Permanent loan, is a financing option that allows you to finance the construction of a new home and convert it into a permanent mortgage once construction is complete - all with a single closing as a purchase or a refinance.
We're here to make One Time Close construction home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE One Time Close Construction Loan Qualifier.
We'll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you're a first-time home buyer or a seasoned investor.
The One Time Close Construction Loan Process
Here's how our home loan process works:
Building a custom "Dream Home" is a once in a lifetime experience. An emotional and financial investment of this magnitude should be carefully weighed and treated with the respect that it rightly deserves. Arbor Financial Group's Construction Loan Division will assist you in meeting your specific needs, requirements and expectations as well as deliver your home on time and within your budget.