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Financing

FHA One-Time Close Construction Financing

 

Finannce your Construction Costs and your permanent mortage with one loan.
  • Primary Residential mortgage , Inc. specializes in a true  FHA One-Time Close Construction loans.

 

Buyer Perks
  • Gifts allowable for 100% down payment and closing costs. These gifts can be or equality in a lot 
  • Up to 6% seller\builder  contributions for borrowers closing costs & prepaid
  • Credit score as low as 620
  • FHA offers flexible underwriting requirements over conventional 
  • NO reserve requirement
  • Buyer makes no payments until contractions is complete
  • close one-time upfront before constructions begins, with no requalifying once the home is complete
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