Introducing the One-Time-Close New Construction Loan.
Borrowers interested in building a new home using a simpler financing process can finally do that. The One-Time Close loan makes new construction much easier than traditional construction or loans and with less down payment. This program allows for modular or conventional construction financing. The borrower can finance the land, construction and final loan all into one closing.
The final loan can be either FHA or VA (for qualified veterans) which allows a borrower to put down less money than with traditional construction financing methods.
Learn more out more about this OTC construction loan or to get pre-qualified, please contact Mike Dell’Ovo at 508.453.4766. At this time we can work with properties in Massachusetts and New Hampshire.
Below is a link to my One-Time Close New Construction Mortgage Presentation which has a few more details about the program.
Contact Mike Dell’Ovo for more details about the program 508.453.4766.