Conventional One Time Close Construction Loan allows you to buy the land and build your very own Dream Home! Read all the details at [ Ссылка ]
If you have questions or would like to apply for a Conventional OTC Construction Loan give the John Thomas Team a Call at 302-703-0727.
Watch the Video: [ Ссылка ]
he Conventional OTC Construction Loan has all of the following features which make it a great option for building your own new construction home:
Single Closing, where borrower pays interim construction financing on an interest only basis during construction phase.
95% Maximum LTV for Primary Residence
For Construction-to-Permanent, closing occurs before construction begins
Closing Costs can be financed into the loan
15, 20, and 30 year fixed rates available
No re-qualification once construction is complete (re-verification of employment is required prior to converting to permanent financing)
A single closing reduces closing costs, saving you money!
Construction Loans
OTC Construction Loans
One Time Close Construction Loans
