Construction to Permanent Loans

When should I consider a construction to permanent loan?

If you are considering building a home, this loan offers you the convenient advantage of having your construction loan and permanent financing in one package with one closing. In certain cases, the interest rate on the loan is fixed while you build your home, and funds are disbursed based on the percentage of completion of the construction of your home. There are a variety of financing options from which you may choose.

For more information or to apply, contact a First Palmetto Mortgage Banker.