One-time Close Construction Loan – MortgageTexas
MortgageTexas is proud to announce a one-time close construction loan that we feel is the best product the market has to offer. One advantage of this special loan is that the borrower closes the construction loan prior to any work being completed and the interest rate is fixed for the duration of the loan. Both fifteen year and thirty year fixed rate terms are available.
There are no interest rate lock periods or costs to worry about
There is no second closing, no more costs when construction is completed and you are ready to move into the home
There is no re-appraisal required (no risk of market fluctuations)
There is no re-qualifying for the loan (no risks of credit scores causing issues prior to closing)
Please feel free to call Mike Power – 214-535-0885 for more details on this program. In the current environment, where most people believe interest rates will be going up, there is no better program if you are planning to build a home. Contact us through the form on this site, phone or E-mail and start building today. The future is yours!