One-Time Close Construction Loans

A One-Time Close Construction Loan makes funding your new construction home simple.

Buy a House Refinance
On Q gives back

We believe in making the Dream of Homeownership a Reality- for Everyone, and we strive to make that vision a reality!

Learn More

We’ll help build your dream home

Watch the Video

What is a One-Time Close Construction Loan?

Our One-Time Close Construction Program combines your construction and permanent financing into 1 loan to simplify the process for you! On Q Financial offers the following one-time close construction program loan types: FHA, USDA, Conventional, and VA.

What are the Benefits?

  • 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!

Contact us today to get started!

Loan Calculator

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