One-Time Close Construction Loan
Amboy's One-Time Close Construction Loan provides individual homeowners both a construction line and permanent loan in one easy closing. You no longer have to pay for two closings or search for multiple lenders!
A Construction Loan and a Mortgage, All in One
Amboy's One-Time Close Construction Loan provides individual homeowners both a construction line and permanent loan in one easy closing. You no longer have to pay for two closings or search for multiple lenders!
Leverage our single family construction expertise. We take the time to explain in detail the construction phase and our permanent loan options. And, as the loan progresses, you will be working with a team that has supported personal home construction for over 50 years.
- Quick commitment
- You only pay one closing for both loans
- Free permanent loan rate lock at origination
- Work with knowledgeable bankers
- Amboy keeps loan in portfolio
What projects are best suited for a One-Time Close Construction Loan?
A construction loan can be as unique as your home. Some projects that are good candidates for our construction loan are:
- A new home purchase where the builder requires payment in installments as the home is being completed
- Building a home on a lot you currently own
- The purchase of an existing home that requires major renovation
- Significant renovation of your current home, such as a second-story addition
Interested in Learning More?
Get more information about this great mortgage solution for building and remodeling with our helpful guide.