One Time Close —
Build Your Home With One Loan. One Closing.
Construction to permanent financing in a single loan. Lock your rate before construction begins. FHA, VA, and USDA options available.
The Problem With Traditional Construction Loans — Solved.
Traditional construction financing requires two separate loans — a construction loan to build, then a permanent mortgage to pay it off once the home is complete. That means two applications, two appraisals, two sets of closing costs, and two rounds of qualifying. Your rate on the permanent loan isn't locked until the home is built.
A One Time Close loan combines both into a single transaction. One application. One appraisal. One set of closing costs. One rate locked before the first nail is driven. When construction is complete your loan automatically converts to your permanent mortgage — no second closing, no re-qualifying, no surprise rate changes.
"Build the home you want. Finance it once. Know your payment before you break ground."
- ✗ Two separate loan applications
- ✗ Two appraisals — construction and final
- ✗ Two sets of closing costs
- ✗ Rate not locked until home is complete
- ✗ Must re-qualify after construction
- ✓ Single loan application
- ✓ One appraisal at start
- ✓ One set of closing costs
- ✓ Rate locked before construction begins
- ✓ Auto-converts — no second closing
FHA · VA · USDA — All Available as One Time Close
Build with as little as 3.5% down using FHA financing. 580+ credit score. Best for first-time builders and buyers who don't have 20% to put down.
About FHA →Veterans can build with zero down using the VA One Time Close program. No PMI. No down payment. The VA benefit works for new construction too.
About VA →Build in an eligible rural or suburban area with zero down using USDA financing. Lower mortgage insurance than FHA. Best for buyers in qualifying areas.
About USDA →From Application to Move-In — Step by Step
One Time Close Is Right For You If...
Frequently Asked Questions
Do I need to own land before applying?
What happens if construction takes longer than expected?
Can I be my own builder?
Do I make payments during construction?
Should I call a lender or builder first?
Serving Louisiana, Mississippi, Florida, Texas & 5 More States
Based in Baton Rouge, Louisiana — serving Denham Springs, Livingston, Gonzales, Walker, Zachary, New Orleans, Shreveport, Lafayette, and Lake Charles. Mississippi: Jackson, Gulfport, Biloxi, Hattiesburg, Mendenhall, Vicksburg. Florida: Tampa, Orlando, Jacksonville, Naples, Boynton Beach, and statewide. Texas: Houston, Dallas, San Antonio, Austin, and statewide.
