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!

Up to 90% financing available. Minimum Down Payment – 10% for primary residence
One (1) Closing
Maximum loan amount of $484,350
Maximum renovation funds = 75% of “as completed” value
Interest rate is capped on permanent loan
Interest only loan during construction, then modifies to 15 or
30 year fixed rate loan once home is complete
Minimum credit score of 680
Primary residence and second homes may be eligible
Borrower chooses contractor (subject to LH Lending approval)

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