Construction Lending
One Time Close
Overview
So, you want to build your dream home and don’t know where to start. Fortunately, with a One-Time Close New Construction Loan, you have a great solution.
When you partner with us, you can choose an experienced builder or general contractor of your choice to work with. This visual will walk you through an overview of the process of One-Time Close Construction Loans.
Empowered By Nexa means you have options, such as a 0% Down VA Construction Loan, or a 3.5% Down FHA Construction Loan. Or, even more options with a 5% Down Conventional Fixed Loan on Owner Occupied Homes, with additional options for Second Homes and Investment Properties.
One Time Close New Construction Conventional Fixed Matrix
15 and 30 Year (Interest Only During Construction Period) Maximum 11 Month Construction Period
Purchase & Rate/Term Refinance
Occupancy
| Primary
| Second Home
| Investment
|