One Time Close Construction Loan

One Time Close Construction Loan for New Construction, Renovation & Repair

Having trouble finding your dream home? Build it instead or renovate your current home today with LH Lending’s One Time Close Construction Loan!

Loan Features: 

  • Home construction loan
  • Min. Down Payment = 5% for primary residence. Land value may be used as a down payment on a refinance transaction.
  • Interest rate is capped on permanent loan
  • Interest only loan during construction for up to 9 months, then modifies to 15 or 30 year fixed rate loan once home is complete
  • Eligible for Primary residence or Second home
  • Borrower chooses contractor, subject to LH Lending verification
  • One (1) closing with a simple modification process finalizes your rate and payment once construction completed

We make sure you can get into your home as soon as possible. A team member is just a phone call or click away!

Current Offers:

RECEIVE up to $7,000 in TOTAL INCENTIVES when you choose LH Lending as your lender on your move-in ready Level Homes – Louisiana home!
Learn more on our Offers page. 

*Not a commitment to lend.  All loans subject to credit and property approval.  The following terms are for illustrative purposes only.  Rates, payments, and loans terms vary by consumer based on their individual qualifying information.   The payment amount illustrated does not include the amounts for taxes, property insurance, or mortgage insurance. 

Loan Term Down Payment Annual Percentage Rate Estimated Monthly Payment
30 year fixed rate 10% (90% LTV) 4.75% $1,043