Build your home with one loan, one closing.

A one-time-close construction loan combines your construction financing and your permanent mortgage into a single closing. It is also called a single-close or construction-to-permanent loan, and it can reduce closing costs compared with two separate loans. Program details vary.

The main difference is the number of closings. A traditional approach often uses a construction loan and then a separate mortgage with two closings, while a one-time-close handles both in one. That usually means less paperwork and fewer fees.

In many one-time-close programs, yes. Locking up front means your permanent terms are set before the build starts, which protects you from rate moves during construction. Lock options and length vary by program.

Usually yes. Most construction programs require a licensed, approved builder and a clear scope and budget. Brooke can walk through the builder requirements so there are no surprises later.

Construction loans release money in stages, called draws, as the build hits milestones. Your builder is paid from these draws rather than all at once, which keeps the project on track. Schedules vary by lender.

In a one-time-close, the loan converts to your permanent mortgage when the home is complete. In most programs there is no second closing and no re-qualification, so you move from building to homeowner smoothly. Details vary by program.

Brooke can help with one-time-close construction loans in Oklahoma, Alabama, Arkansas, Colorado, Kansas, Missouri, and Texas.

The easiest first step is a short, no-pressure call. Book a free call with Brooke or request a pre-qualification, and she will walk you through the build-and-finance process.