One loan. One closing. One person managing the whole build.
Construction-to-permanent loans finance the build and the mortgage in a single transaction. I manage the draw schedule and keep your project funded on time.
Overview
Building a custom home is complicated enough without the financing being a mess. A construction-to-permanent loan wraps the construction line and the permanent mortgage into one closing. One set of fees. One rate locked before the first shovel hits dirt. No requalification risk when the house is done.
During the build, the lender funds draws at milestones. Foundation complete, framing done, mechanical in, drywall up, final finish. Each draw requires an inspection before funds release. I coordinate between you, your builder, and the lender at every stage.
These loans have more moving parts than anything else in mortgage lending. That's exactly why you want one person handling the file. Not a team. Not a department. One person who knows where everything stands and answers their phone.
Key Details
How I Handle This
I start with the project scope. Lot, builder, budget, timeline. Then match you with the construction lender in my network that fits best.
Once the build starts, I manage the draw process. When your builder hits a milestone and needs funding, I coordinate the inspection and release. Delays between draws stall builds. I don't let money be the reason your project slows down.
Questions I Get
One-close or two-close?
One-close means one set of fees, one rate lock, no requalification. Two-close means separate construction and permanent loans with duplicate costs and the risk of rate or qualification changes. I do one-close whenever possible.
Can I build on land I already own?
Yes. Lot equity counts toward your investment. If you own it free and clear, that can significantly reduce additional cash needed.
Do I make payments during construction?
Interest-only on the amount disbursed. As more draws fund, payments increase. But you're not paying on money that hasn't been released.
How long can the build take?
Programs typically allow up to 12 months for construction with some room for extensions. I set realistic expectations upfront based on your project scope.
Building from scratch?
Send me your project details. Lot, builder, budget, timeline. I'll tell you what the financing looks like.