One Time Close Land-Construction-Permanent Financing

In a seller’s market, we have a lot of borrowers consider purchasing land for new stick-built construction or manufactured homes. How does this work and what are some of the highlights and pitfalls? Read below to find out more about our One Time Close Construction to Permanent Loan.

We offer a One-Time Construction to Permanent Loan that offers the advantages of a low interest rate and one loan from start to finish. The loan is for conventional financing, FHA and VA and also includes stick-built or manufactured homes. This really assists borrowers with costs along the way.

Most lenders will not lend on land alone without collateral like a house, either manufactured or stick-built. We do have some resources to refer to if a land purchase comes first before the house construction or placement.

Manufactured Home Financing

With the purchase of land, it’s very similar to a stick-built home, hopefully without the wait. Competitive interest rates and preferred Manufactured Home Builders are available to get you started today!

FHA Financing is available at only 3.5% down payment. An affordable option in a tough market for buyers seeking entrance. Whether your plan is short or long term, jumping in now may benefit you down the road, having a place to call your own.

Let’s talk about how our programs may assist you!