Building a new home is a big task. Let us help lighten the load.
Our Construction to Permanent Loan consolidates your investment into one loan with one closing and one set of closing costs, saving you valuable time and money. Plus, it’s approved and closed before construction even begins, so you can focus on building a GOOD home.
Construction Permanent loans are available for primary and second homes, and may include the purchase of the lot.
Construction Permanent loans are available with fixed-rate or adjustable-rate mortgages.
- Down payment as low as 5% (with PMI approval)
- Fixed and adjustable-rate loan options available
- A single set of closing cost
- Interest only payments during construction
- Jumbo financing available
- Competitive rates with the ability to have loan re-amortized any time after large principal payment
- No pre-payment penalties
For more information please contact an Achieva mortgage specialist:
(727) 431-7694, (941)907-4894,
non-local (866) 676-9739
All mortgage loans are subject to credit approval. Each loan product is subject to specific product qualifications/guidelines. Exclusions and limitations may apply. Subject to mortgage insurance approval, when applicable. Rates and/or program subject to change.