One Time Close FHA & VA Construction Loans

Why worry about re—qualifying or incurring additional costs? Designed for Manufactured, Modular, and Stick Built housing, this program offers an all—in—one financing option for construction, lot purchase, and permanent mortgage funding with one closing. Because the permanent loan is closed before construction begins, there is no need to re—qualify, simplifying the construction and purchase process.

  • Maximum loan to value is 96.5% through FHA or 100% through VA (not including the funding fee)
  • 620 minimum qualifying credit score
  • No payments due during construction
  • 15 and 30 year fixed rates available
  • No re-qualification once construction is complete
  • 1 Unit Single family residences doublewide and triplewide manufactured homes and modular homes permitted.
  • Single closing reduces total costs

Download the Flyer Here.