ONE – TIME CLOSE – Construction Loan

Are you in the market for a newly constructed home with little or no down payment? Now available, FHA and VA construction one time close mortgage loan! No need to refinance after the build is complete, the first close, will be you only close. Make no payments until the home is completed. Incorporate the lot and the home all in one payment. Get the advantages of combining your purchase and construction costs in a single mortgage loan. Long gone are the days of closing on a short term loan first then re-qualifying or refinancing after the home is completed. This program gives you less stress as the buyer and lower fees and other closing costs than any other construction program. Contact us today to get qualified!

Program Summary

For Single Family, Manufactured, and Modular properties: finance the construction, lot purchase, and permanent mortgage all with a single One-Time Close loan. No re-Qualification. No Second Appraisal


Why worry about re-qualifying or incurring additional costs? Designed for Single Family, Manufactured and Modular housing, this program offers an all-in-one financing option for construction, lot purchase, and permanent mortgage funding with one closing. Because the permanent loan is closed before construction begins, there is no need to re-qualify the borrower, simplifying the construction and purchase process. FHA construction loan will have same requirements of 3.5% along with similar guidelines. VA construction loan is still 100%financing with veteran only paying closing costs.

Speak with us today for your new build tomorrow anywhere in the Lee County Area


Max LTV 96.5% through FHA or 100% LTV through VA (not including the funding fee)
No payments due from borrower during construction
No re-qualification once construction is complete
Single closing reduces total costs


Available through FHA and VA
620 Minimum qualifying credit score
15 and 30 year fixed rates available
1 Unit single family residences, double-wide and triple-wide manufactured homes and modular home permitted

Now available throughout the entire state of Florida with offices in Cape coral, Fort Myers, Naples Lehigh Acres. Contact us today for more information in getting qualifed for your new FHA or VA construction loan.