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Construction Loan Funding

Construction loan funding is my specialty. Construction loan funding programs allow you to purchase the lot, fund the construction of your home using a construction loan funding product combined with your permanent loan and close once, saving you substantial money in closing costs. email with questions on construction loan funding

I am a construction loan funding broker and represent 22 of the largest construction lenders. As a construction loan funding broker, I work for my client and not the construction lender, taking the time to understand your situation and placing your construction loan funding with the lender whose programs match your needs. I am able to give you unbiased advice and support throughout the construction loan funding process. Construction loan funding is a specialized part of mortgage banking and brokers do not have the experience to guide you through this complex process. I have given you some basic construction loan funding information here but please do call me directly to discuss your construction project. At the fundamental level, lenders offer two types of product characterized by how they base interest rates during the construction phase. I will refer to these approaches as “One Step” and “Two Step”

Several Construction Loan Funding products include:

  • One Time Close Construction Loan Single Rate. "One Step" construction loan which protects you against increasing rates and extended lock fees. Interest only fixed rate during construction and modifies into a permanent loan after construction. Great flexibility and low rates on ARMs.

  • One Time Close Construction Loan Prime Rate Based. "Two Step" construction loan allows you to borrow up to 95% of your total cost for a Principal Residence and up to 90% on a Vacation Home. Based on the Prime Rate  during the construction period with interest only payments collected on the funds disbursed.

  • Lot Loans. For those who found the perfect lot but are not ready to build. Low down payment loans available.

  • Stated Income products are wonderful for the self employed or anyone with difficult to document income situations.

We offer many new home productss and I have specific information on each in my Construction Loan Funding section.

There is a page detailing  construction loan funding fees.

I have a Frequently Asked Questions about the process of building with a construction loan funding.

I have also included information on the specialized areas of log home, modular home, or timber frame home financing

I have written a series of newsletters covering them which are available free.

One of my favorite lenders has finally reopened their lending department. They offer you the ability to modify into the incredibly flexible Cash Flow Loan when your construction is complete.

I have a list of documentation needed to process your request.

I have detailed information on extended interest rate locks with a free float down option. 

If you are not ready to build but have found the perfect lot. The new Purchase Plus Lot Loan can save you a great deal of money.

Learn about as completed value financing

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

Construction Loan Funding Prequalify for your Construction Loan Funding.


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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.