New Construction Loans
The Best Construction Loan for Your New Home Project
Simplifying Home Construction Financing
Building your dream home is an exciting journey, but it requires the right financing to ensure everything goes smoothly from start to finish. At Focus Mortgage Solutions, we offer the best construction loan to make your vision a reality. Our One-Time Close New Construction Loan is designed to simplify the construction process, allowing you to focus on what really matters—creating the perfect home.
Our One-Time Close New Construction Loan is specifically designed to simplify the financing of your new home. With this loan, you can consolidate the entire construction process into a single, streamlined transaction. This means you’ll only go through one closing, saving you time, money, and the stress of coordinating multiple loans. Whether you’re purchasing a lot or already own the land, our loan adapts to your unique situation, providing the flexibility you need to bring your vision to life.
Why Choose Our One-Time Close New Construction Loan?
Our best construction loan provides a straightforward solution for financing new construction.
Here’s how it works: You find a local builder, and we handle the rest.
Unlike traditional loans where builders must front the costs, our loan covers those expenses from the start. Consequently, this approach eases the financial burden on both you and your builder.
Additionally, we implement a contractor approval process to give you peace of mind that your builder is reputable and reliable. This extra layer of security helps you avoid potential issues down the road. Furthermore, we streamline the documentation process, so you won’t have to jump through hoops. Once approved, you’re all set—no need for repeated approvals. This simplification makes the entire process smoother and quicker.
What Are The One-Time Close New Construction Loan Options?
A One-Time Close New Construction Loan transitions from a construction loan into permanent financing once your home is complete, all within a single closing.
As a result, this approach saves you the hassle of multiple transactions and helps you save time and money. Whether you’re purchasing a lot or refinancing an existing one, our loan adapts to your needs.
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Single Closing Simplified: With a single closing, the construction financing and permanent mortgage bundle into one easy transaction. This process begins before construction starts, with all closing costs and fees handled upfront. Funds for your project are accessed through a series of draws, with an initial draw at closing to kickstart your construction.
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One-Time Close New Construction Purchase Loan: If you don’t yet own the lot where your home will be built, our One-Time Close New Construction Purchase Loan is the perfect option. This loan covers both the purchase of the lot and the construction costs, rolled into a single loan amount. Consequently, you only need to make a down payment on the total cost, making it a convenient and cost-effective choice.
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One-Time Close New Construction Refinance Loan: Already own the lot? In that case, our One-Time Close New Construction Refinance Loan is designed for you. This loan allows you to refinance any existing liens on your lot and fund the construction of your home. The loan amount includes the cost of the lot and the construction, ensuring you have the financial support needed to bring your project to life.
Why Choose Focus Mortgage Solutions?
At Focus Mortgage Solutions, we’re committed to offering the best construction loan options tailored to your needs. Our streamlined process, contractor approval system, and dedication to customer satisfaction make us the ideal partner for your new home construction. With us, you’ll experience a seamless and stress-free journey from blueprint to move-in.