One-Time Close Construction Loans

See if a one-time close construction loan is right for you!

Apply Now

What is a One-Time Close Construction Loan?

Are you looking to build the home of your dreams, but aren’t sure where to start?

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?

R

One set of fees covers your construction financing and your permanent mortgage.

R

The loan automatically converts from the initial construction loan to a permanent loan once construction is complete.

R

You only sign one set of closing docs, which covers both the interim construction phase and the permanent loan.

FAQs about Construction Loans

What makes this program different?

Without a one-time close loan, you will need two separate loans:  one for construction, and another to pay for the home mortgage itself.

Why should I use On Q instead of the builder’s mortgage company?

Our Mortgage Consultants and staff at On Q Financial strive to make your mortgage process as simple and efficient as possible!

How can I get started on working with On Q Financial today?

Contact us today to get started!

On Q Financial, Inc. is an equal housing lender. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. Some restrictions may apply. Loan approval is subject to applicant’s qualification for a loan program. On Q financial does not guarantee that each applicant will receive a loan. ONQ0416180681Y000004Ackz

See if a one-time close construction loan is right for you

Apply Now

Latest News About Construction Loans

Other Loans You Might Be Interested In:

We’ve launched in Spanish | Hemos lanzado en EspañolEspañol