One-time construction loans are a great option for those looking to build their dream home. Here are some things to consider when applying for a one-time construction loan:

1. Understand the projected timeline and budget needed to complete the project.

2. Calculate your affordability range so that you can determine how much you can borrow.

3. Determine what documents and information lenders will need from you in order to approve the loan.

4. Research any restrictions and limitations imposed by lenders on one-time construction loans—and be sure to ask questions if you have any concerns or uncertainties.

 

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Licensing

NMLS 1387311
License 125388
Alabama License 23266
Colorado License
Florida License MBR5867
Georgia License 1387311
North Carolina License B-214180
Oklahoma License MB015306
South Carolina License
Tennessee License 125388

Contact Us

Foundation Mortgage
2160 Lakeside Centre Way
Suite 100
Knoxville, TN 37922

Number:
(865) 392-5450

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