From Blueprint To Reality
Building your dream home is filled with excitement and anticipation! At ProFed, we understand the challenges and all the decisions that come with a new home. That’s why we’re here to make it as seamless as possible so you can focus on what matters most.
Construction loans normally have very short periods, usually 6-12 months, before a modification converts them to the fixed rate principal and interest. Get preapproved, lock in an interest rate, and feel confident every step of the way with our local mortgage experts by your side. Enjoy the flexibility of interest-only payments during the construction phase and the option of bridge and land loans to support you through the home-building process.
With our construction loan, we offer one-time closing costs for borrowers, meaning they can close the construction loan and permanent financing of the new home at the same time. Keep in mind that it’s typical for lenders to be more involved with a construction loan compared to a mortgage loan due to the review of important documents beforehand, which are based on the approval for the loan amount.
Our online application process is easy and our requirements are straightforward. Bring your dream home to life today!
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