Secure financing before you build with Prime Echelon Capital's "One-Time Close" construction loan
Our One-Time Close New Construction loans secure financing before the build starts,
which means you don’t need to front the money or worry about selling the home when it’s done. By partnering with Prime Echelon Capital, you’ll be kept in the
loop and get paid faster, plus:
Enjoy a hassle-free, efficient process
Opportunity to build more unique homes
Homeowner makes interest-only payments until the build is complete
Build your new home with "One-Time Close" new construction loan
This mortgage product are for homebuyers that want to build brand new or existing owners. Includes a budget analysis which ensures the costs that the contractor is quoting are reasonable for the area. Gives peace of mind that your project is properly budgeted.
If you own the land, a refinance will pay off any existing liens on the land. If paid off, even better! If you have a teardown on the land, the teardown costs are included in the construction costs!
Once the build is complete, you can float down the loan to secure a lower interest rate if the market improves or stay locked in no matter the market shift.