Get Pre-Qualified Today!!!
A one-time close construction loan is a streamlined financing option designed for those seeking to build a new home from the ground up. This unique loan combines the construction phase and the permanent mortgage phase into a single closing process, saving you time and money. The loan covers the construction costs of your home and then transitions into a regular mortgage once the construction is complete, with the interest rate locked in from the start. This eliminates the need for multiple applications and closing costs. While the loan does require a detailed project plan and budget, its simplicity, convenience, and potential cost savings make it a preferred choice for home construction. Discover the benefits of one-time close construction loans today, and take the first step towards building your dream home.
Begin the home buying journey on the right foot by securing a clear mortgage plan. Having a solid financial strategy in place will ensure that your home search is guided by practical considerations, rather than emotions alone.
Getting pre-approved for a home loan is the crucial first step in your home buying journey. Here's why:
Know your budget - Pre-approval gives you an idea of what you can afford, allowing you to make informed decisions when shopping for a home.
Be a competitive buyer - Having a pre-approval letter shows sellers that you're a serious and committed buyer, making you stand out in a crowded market.
Streamline the process - The pre-approval process helps you identify any potential roadblocks early on, allowing you to address them before you find the home of your dreams.
Negotiate with confidence - Knowing that you have financing secured gives you the confidence to negotiate the best terms and price for your new home.
Travis Egan, VA Mortgage Vet
NMLS # 655284
1267 Eagles View Dr
Clarksville, TN 37040
(931) 208-6280
Edge Home Finance
NMLS # 891464
5868 Baker Road
Minnetonka, MN 55345
(763) 219-8484
Edge Home Finance is an Equal Housing Lender. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other federal regulations. All applicants applying for credit from Edge Home Finance will never be discouraged on the basis of race, color, religion, national origin, sex, military status, marital status, age, or because you get public assistance. All information we request is voluntary and will be kept confidential. For more information on the ECOA, please visit:
http://www.ftc.gov/bcp/conline/pubs/credit/ecoa.shtm
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