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At Family Mortgage, we offer One-Time-Close Construction loans.
During the first phase, you pay interest only. You and your
contractor can decide how long it will take to complete the home.
Normally the first phase is 6 months to 1 year. During this time you
pay interest only on the amount you borrow. At the end of the first
phase when your home is complete, your loan will then convert to a
principal and interest loan and your regular term will begin. (30,
20 15 years)
Call one of our trained loan officers to explain our PA
construction loan products to you. Or apply
online today. We will get back to you within 1 business day or
sooner.
Click here for today’s low PA
Mortgage Rates!
OR
Click here for Credit Analyzer
(A Family Mortgage Loan Officer will follow up to discuss your options.) |