Build Your Dream Home with Lendmire’s One-Time Close Construction Program

Lendmire’s One-Time Close Construction Program simplifies financing by combining the construction loan and permanent mortgage into a single transaction, reducing the need for multiple applications and closings.

Key Features of the Program:

• Single Loan Transaction: Consolidates construction and permanent financing, creating a seamless transition from building to homeownership.
• Rate Options: Choose a rate structure aligned with your financial preferences.
• Rate Protection: Secure your rate at the start of construction to guard against market changes.
• Special Payment Options During Construction: Benefit from tailored payment plans while your home is being built.
• Automatic Loan Conversion: Upon completion, the loan automatically transitions to a permanent mortgage without additional closing.

Benefits of the Program:

• Cost Efficiency: Combines construction and mortgage financing, which may help save on fees.
• Streamlined Process: Fewer applications and closings simplify your path to homeownership.
• Convenience: The single closing reduces paperwork and stress throughout the process.

How It Works:

1. Pre-Qualification: Start with pre-qualification to explore budget and eligibility.
2. Construction Phase: Funds are released as needed, with tailored payment options during this time.
3. Completion and Conversion: After construction, the loan automatically transitions to a permanent mortgage.

Ready to Build Your Dream Home?

Contact Lendmire today to learn more about the One-Time Close Construction Program. Our specialists are here to help you start your journey to homeownership.