We’ll help build your dream homeWatch the Video
- One set of fees covers your construction financing and your permanent mortgage.
- The loan automatically converts from the initial construction loan to a permanent loan once construction is complete.
- You only sign one set of closing docs, which covers both the interim construction phase and the permanent loan.
FAQs about Construction Loans
Without a one-time close loan, you will need two separate loans: one for construction, and another to pay for the home mortgage itself.
Our Mortgage Consultants and staff at On Q Financial strive to make your mortgage process as simple and efficient as possible!
Use our free mortgage payment calculator to see your potential monthly mortgage payments
Buying a home is a big investment. It’s important to understand everything involved and see how much you can afford.Go to Calculator