With escalating bidding wars over increasingly limited resale inventory, more and more homebuyers are considering building their next home. One-Time Close Construction-to-Permanent loans are an attractive option because they enable families to combine financing for the home, land and permanent mortgage into a single closing.
As a leader in One-Time Close Construction-to-Permanent financing, AFR offers a comprehensive suite of OTC programs which allow qualified homebuyers to secure loans that combine the cost of home construction, lot purchase or land payoff, and permanent mortgage loan into a single closing. With more than a decade of experience, we are ready to help you help more families build their American dream. Learn more about One-Time Close today!
How can loan originators prepare for the increase in borrowers who want to build? Our friends at Arch MI share five strategies for maximizing C2P originations during the spring and summer building season: Five Keys to Originating More Construction-to-Permanent Loans – Arch MI’s Insights.
Photography by [Piyapong Wongkam] © Shutterstock.com
Tags: construction loans, one-time close
