What’s a One-Time Close loan?

As the name implies One-Time Close (OTC) is a Construction-to-Permanent loan program that offers all-in-one financing.

Available for manufactured, modular, and stick-built homes, OTC loans allow borrowers to finance the construction of a home, lot purchase/land payoff, and permanent mortgage with just one closing.

One-Time Close financing is available for FHA, VA, USDA and Conventional loans making it accessible to more eligible borrowers.

Maximum LTVs:

FHA: 96.5%

VA: 100% not including VA funding fee

USDA: 100% of market value

Conventional: Up to 97% when combined with Home Possible® or HomeOne®

I want to help simplify your financing so you can build the home of your dreams! Qualified borrowers can finance the home construction, lot purchase AND permanent mortgage in a single closing with One-Time Close (OTC) Construction-to-Permanent loans.

Contact me to learn more. You can apply online at

MortgageCalculatorArizona.com

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