New Construction to Permanent Home Loans

Are you looking to build your own home? A new construction to permanent home loan with Mlend can help you with construction and long term financing.  Once you're done building you can spend your time in your home instead of at the closing table.

A new construction to permanent home loan streamlines the financing process for building a new home.  These loans begin as interest only loans during the construction phase and then convert to permanent financing.  This eliminates the need to qualify for a second loan for long term home financing and spares you from a second set of closing costs.

A new construction to permanent home loan with Mlend:

• bases financing on the final appraised value of the property after construction is completed
• saves you time and money by combining all financing into a single loan
• provides flexible construction periods
• can finance the cost of the lot, if applicable

To see if a new construction to permanent home loan with Mlend can help you build your dream home, please contact one of our mortgage consultants.