Close one time in the land and the property before construction starts and lock in at today's low interest rates. During construction, you just pay interest to the construction draws and your fixed rate begins your day you move in. Qualifying borrowers may only have to make a minimal down payment, and because there should be one closing, you will save quite a bit on attorney fees, closing costs and associated fees. There's no better method to finance the home you've always wanted and build it just as you've dreamed, virtually hassle free.
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