Archive for December 2022

A construction-to-permanent loan is a type of loan which allows you to build or renovate your home. When the construction process is finished, the loan converts into a traditional mortgage without you having to go through another closing process.  During the construction phase, you’ll make interest-only payments, and your lender will schedule home inspections to…

Building a home can be a stressful process, but with a construction-to-permanent loan you can save time and money with a one-time closing. This loan brings you through the entire process of both buying and completing construction with a single loan.  Once the construction process is complete, you can work with your lender to change…