One Time Close Construction Loan

Having trouble finding your dream home? Build it instead or renovate a home today with a One Time Close Construction Loan from Trulend Mortgage!

One Close Construction Loan Features:

  • House construction, remodel or renovation loan
  • Use for Primary residence or second home
  • Min. Down Payment = 10% for primary residence
  • One closing (interest only loan during construction period, then modifies to 15 or 30 year fixed rate loan once home is complete)
  • Interest rate is capped on permanent loan
  • Up to $484,350
  • Maximum renovation funds = 50% of “as completed” value
  • Borrower chooses contractor, subject to Trulend Mortgage verification

At Trulend Mortgage we make sure you can get into your home as soon as possible. A team member is just a phone call or click away.

Equal Housing Lender. ©2018 Trulend Mortgage LLC. Loan programs not available in all states, or to all consumers. All loans are subject to availability at the time of application and for terms that meet each individual consumer’s needs and qualification information. Loan applications are subject to credit and property approval. Trulend Mortgage LLC encourages all consumers to consult with a tax advisor concerning the tax implications for the type of mortgage sought.

29891 Woodrow Lane, Suite 150 Spanish Fort, AL 36527  |  Trulend Mortgage LLC   | NMLS# 1785021
Approved Lender in Alabama #22567 and Florida MBR3074   www.nmlsconsumeraccess.org

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