No Re-Qualification. No
Second Appraisal. The One-Time Close,
Construction-to-Permanent loan is 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 the borrower, simplifying the construction
and purchase process.
|