DSCR Financing
Build Your Dream Home with One Simple Loan
A One-Time Close Construction Loan combines the financing for your land purchase, home construction, and permanent mortgage into a single loan — with just one application, one closing, and one approval process. It simplifies what is usually a complicated, multi-step financing journey by wrapping everything into one seamless transaction.
This type of loan is ideal for buyers who want to build a custom home, whether on their own lot or as part of a builder’s development. It eliminates the need for multiple closings and offers peace of mind by locking in your interest rate before construction even begins.
One Approval, One Closing — Less Stress
Traditional construction financing often requires two separate loans: one for building the home and another permanent mortgage after completion. With a One-Time Close loan, you avoid the stress, time, and cost of applying twice. From the start, you know your budget, rate, and monthly payments, with no surprises after the build. This single-close structure streamlines the process, helping you focus on what matters most — creating the home you’ve always envisioned.
Flexible for Custom Homes or Builder Projects
Whether you’re building on land you already own, purchasing a lot to develop, or working with a builder in a new development, One-Time Close loans are flexible enough to accommodate your project. They’re suitable for a variety of home types, including stick-built, modular, and even some manufactured homes. You also get the advantage of funding both land and construction costs under one umbrella, making it easier to coordinate your build from concept to completion.
Save Money and Time from Start to Finish
Because you only close once, you’ll save significantly on closing costs — avoiding duplication of fees typically paid in two-loan scenarios. You’ll also avoid the uncertainty of fluctuating interest rates since you can lock in your rate before construction begins. With predictable payments and no need to requalify once the home is finished, you gain efficiency, security, and clarity throughout the building process.
