FHA One-Time Close Construction Loans 2019


FHA One-Time Close construction loans are available in 2019 at higher FHA loan limits than in 2018. This is good news for anyone who wants a low-down payment construction loan that features only ONE application and closing date. Compare that to “traditional” construction loans that require two applications and closing dates; one for the construction phase of the loan and the other for the mortgage itself. The risk of being denied for one loan or the other is something that gives some borrowers a dose of worry; FHA One-Time Close construction mortgages eliminate this problem altogether…Read More > >

 

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