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Home › Loan Types › Home Purchase Loans › Construction-to-Permanent Loans
A construction-to-permanent (also called a one-time close) home loan is a single loan that allows to you finance the costs of building a new home — including the land needed for construction.
A construction-to-permanent loan offers the following benefits:
Three product types are available depending on your situation and goals, all with builder-paid construction costs:
The process for obtaining construction-to-permanent financing differs from traditional home financing because these loans are complex and have many moving pieces. In general, the following roadmap should help you understand your role in the financing process.
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