Online Lending Makes Financing Your Dream Home Easy And Fast
Financing the construction of your dream home may seem like a complicated process compared to the standard home purchase or refinance of an existing home.
Until recently, two loans were required when building your dream home-one for construction and one for permanent financing. This meant that you had to pay closing costs on both loans, not to mention the extra paperwork, time and hassle involved. But with the introduction of the single-close Construction-to-Permanent Loan-combined with the ease and speed of online loan approvals-building your dream home has become easier, faster and best of all, less costly.
The term "Single-close loan" refers to one loan that covers both the construction phase and...
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