ONE TIME CLOSE CONSTRUCTION LOAN

Build your home with a simpler financing process

A convenient financing option that helps you manage the transition from construction to homeownership. With a One Time Close Construction Loan, you can make interest-only payments during the construction phase, then automatically convert to a fully amortizing mortgage once your new home is complete.

Key Benefits

✓ One loan from construction through completion
✓ Interest-only payments during construction
✓ Automatic conversion to a traditional mortgage after completion
✓ Simplified process with fewer steps

Available In

USMFCU offers mortgage lending in:

Ready to build your future home?

Our Mortgage Lending Team can help you explore your options and determine if a One Time Close Construction Loan is right for you.

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