-Only one application-approval provided is for both construction loan and permanent loan - no re-applying necessary.
-Loans up 100% of appraised value. -Interest only payments during construction based on total amount funded.
-12 to 18 Month Construction Terms.
-When home is complete, construction loan modifies into a Permanent Mortgage at Term applied/approved for.
-Permanent Rate based on Current Market Rate at time of lock or completion.
-Save Money due to single close transaction-only minimal expense at modification of construction loan to permanent loan.
-Renovate your home and lower your rate in one transaction.
-Let the construction professionals at Texas Loan Star guide you through the construction loan process.
