Through the USDA’s combination construction-to-permanent loan, or single-close loan, homebuyers desperate to build a house by having a USDA loan may do therefore.

Through the USDA’s combination construction-to-permanent loan, or single-close loan, homebuyers desperate to build a house by having a USDA loan may do therefore.

The single-close loan combines a construction loan, or interim funding, with a normal 30-year fixed USDA loan.

The main advantage to homebuyers by having a single-close loan is the fact that there was just one closing, saving the homebuyer a large amount in conclusion costs. Continue reading “Through the USDA’s combination construction-to-permanent loan, or single-close loan, homebuyers desperate to build a house by having a USDA loan may do therefore.”