Owner Occupied SFR can take advantage of a One Time Close loan to finance the construction directly to qualified homeowners.

Just one qualification process for the interim construction financing and the long term permanent mortgage loan up to 30 years term.

• Borrower applies just one time for the construction and the permanent loans.
• Loan can include the purchase of the land and the construction of the house.
• Once the loan is closed, the funds are available to the builder to start the construction.
• Builder can opt for partial draws along the construction phases.
• Owner start making mortgage payments after the City approves the Final Inspection and delivery.

Infill Vacant Land purchase can be financed as part of a construction project.

Undeveloped vacant land for future use can be financed with an appropriated collateral.