Turn your dream into a reality with a Construction-to-Permanent Loan
Blog:Turn your dream into a reality with a Construction-to-Permanent Loan
If you’re struggling to find the home of your dreams, don’t search for it; build it! With a Construction-to-Permanent Loan from TAM Lending Center Inc., you can turn your dream home into a reality.
How a Construction-to-Permanent Loan Works
Traditionally, construction loans are separate from your mortgage, which means two loans, two closings, and two sets of fees. A Construction-to-Permanent loan simplifies the financing process by rolling both loans into one.
Here are some highlights of the program:
- Get financing to build your home
- When your home is ready to move in, your construction loan will be converted into a permanent mortgage
- Have only one closing, which reduces the fees you’ll owe
- No need to worry about requalifying for a mortgage once construction is done
Work With an Experienced Lender
To ensure you get the best financing for your needs, it’s important to work with a lender that specializes in Construction-to-Permanent lending. Contact me today to learn more about how a Construction-to-Permanent Loan from TAM Lending Center Inc. can help make your dreams of a new home come true!