Building your dream home should be exciting, not overwhelming. However, financing construction can often feel complicated and costly. Fortunately, a Build-2-Perm Loan simplifies the process by providing a seamless transition from construction financing to a traditional mortgage. This means you only apply once, handle paperwork once, and close just once, saving you time, money, and stress.

Why Choose Build-2-Perm for New Home Construction Funding?

Instead of juggling multiple loans, a Build-2-Perm Loan streamlines everything into a single, efficient process. As a result, borrowers experience fewer hurdles and greater peace of mind. More importantly, this loan structure eliminates the need for a second closing, significantly reducing overall expenses.

Major Benefits of a Build-2-Perm Loan

• One Loan, One Process – Say goodbye to multiple applications, redundant paperwork, and extra closing costs.
• Lower Costs – With reduced fees and dramatically lower transfer taxes, you keep more money in your pocket.
• Smarter Payments – During construction, payments are interest-only and based solely on the funds drawn, not the entire loan amount.

How Much Can You Save?

To illustrate the savings, consider a home purchase of $400,000. Typically, a 1% transfer tax applies to the full amount, resulting in a $4,000 tax. However, with Build-2-Perm, this tax applies only to the land purchase. If your land costs $40,000, the transfer tax is just $400—a $3,600 savings!

Stand-Alone Construction Loan vs. Build-2-Perm

On the other hand, stand-alone construction loans require separate financing once construction is complete. Consequently, borrowers face higher rates, potential timeline delays, and additional closing costs. In contrast, a Build-2-Perm Loan eliminates these concerns by integrating everything into one simple financing solution.

Finding the Right Lot for Your New Home Construction Funding

Before securing financing, you need the perfect lot. Our Lot Location program helps you identify prime land options that fit your vision and budget.

Maximize Efficiency with Our Smart-Build Process

Once your lot is secured, it’s time to build! Our Smart-Build Process ensures a streamlined, cost-effective construction experience, making your dream home a reality faster and with fewer complications.

Get Started Today!

Rather than worrying about financing complexities, focus on creating the perfect home. Apply for a Build-2-Perm Loan today and make New Home Construction Funding simple, affordable, and stress-free!