Save with 1-Time Close Construction Loans

With our One-Time-Close Construction to Perm Loan your construction loan and permanent financing are all combined into a single mortgage. This type of loan helps reduce closing costs and eliminates the need for multiple closings. Plus, you can rest easy knowing that your interest rate is locked in at the start of construction.


Benefits to One Time Close Constructions Loans

  • Protects consumers from rising rates as interest rates are locked in at the beginning of the process. Interest rates can be locked for up to 12 months.
  • Just a single application and closing is required which helps save time, reduce closing costs, and eliminates the inconvenience of multiple settlements.
  • The home builder can begin the construction process even if the buyer’s home is currently on the market. The buyer will have up to 12 months to sell or lease his or her current home prior to loan modification. No need to move twice!
  • Highly competitive pricing and extensive knowledge of the local marketplace. We know the greater Houston market.
  • Available for primary residences and second homes.
  • Available for primary residences and second homes.
  • You may purchase the land you have under contract at closing with proceeds from the Single Close Loan, or you may have already purchased the land and have a loan to be paid off with proceeds from the Single Close Loan. Or, you may own the land free and clear.

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Working with Rebecca

Rebecca will work with you throughout the home construction financing process to ensure you have a positive, transparent experience from application through the closing of your loan.

If you’d like to learn more about our One Time Close Construction program, please click here or give Rebecca a call at (281) 736-1488.

Contact Rebecca Sheridan

Rebecca Sheridan - Residential Mortgage Loan Originator

NMLS# 1751438

(281) 736-1488

6018 FM 1488 Magnolia, TX 77354

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