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Construction/Perm Financing

Construction/perm financing is my area of specialization. We have expanded our “One Time Close Construction/Perm Financing” offering. These construction/perm financing programs allow you to purchase the lot, fund the construction of your primary or second home using a construction/perm financing product combined with your permanent loan and close only one time, saving you a substantial amount of money in closing costs. Email  construction/perm financing questions

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

Several Construction/Perm Financing Loans include:

  • One Time Close Construction/Perm Financing Single Rate. "One Step"  program protects against increasing rates and extended lock fees. Interest only fixed rate during construction and modifies into a permanent loan after construction.

  • One Time Close Construction/Perm Financing Prime Rate Based. "Two Step" program allows you to borrow up to 95% of your total cost for a primary home and up to 90% on a Vacation Home. Based on the Prime Rate  during the construction period with interest only collected on funds disbursed. Allows a 12 month construction phase. 

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

    New! 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 project is complete.

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

There is a page detailing construction/perm financing fees.

I have a Frequently Asked Questions about the process of building with  construction/perm financing.

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

Learn about as completed value financing

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

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

One of the questions I frequently get from my clients is about finding a qualified and reliable contractor. After a great deal of research, I do recommend Reliable Remodeler. I have personally used their free service and was very pleased with the outcome. Please complete their contractor referral form for up to 4 local pre screened contractors.

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/Perm Financing Prequalify for your Construction/Perm Financing


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