A single closing construction loan is the combination of financing the construction and the permanent mortgage. There is a single closing transaction that occurs prior to construction beginning.

• Conventional • Veteran Administration (VA) • FHA *Must meet mid-FICO eligibility requirement

• Builders don't have to pay for the construction upfront, then sell the home to a borrower. • Must be an approved and/or registered builder/general contractor with Pillar Mortgage Company, LLC.

• Borrower are eligible to purchase lot and to fund the construction of the property • Borrower already owns the lot which the home will be build on, (fund can use funds to payoff existing lien on lot)

• Co-ops • Attached condos • Manufactured homes • Accessory dwelling units

• Simple Pre-Qualification Process • Down payment maybe required • Click Inquiry to button