One Time Close FHA/VA/USDA

Why worry about re-qualifying or incurring additional costs? Designed for Manufactured, Modular, and Stick Built 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.

Program Highlights

  • Max LTV 96.5% through  USDA or VA (not including the funding fee)
  • No payment due from borrower during construction
  • No re-qualification once construction is complete
  • Single closing  reduces total costs
Financing Eligibility

  • Available  through FHA, VA and USDA
  • 620 minimum  qualifying credit score
  • 15 and 30 year  fixed rates available
  • 1 Unit single family residences, doublewide and triplewide  manufactured homes and modular homes permitted.