At Premier Lending Group, Inc., we offer a construction to permanent loan program that provides the convenience of a single closing. During the construction of your home, you make interest only payments on the amounts that you have drawn. Upon completion of the home the loan converts from a construction to a permanent loan and your principal and interest payments begin.
We have a variety of programs including: Adjustable rate mortgages and fixed rate loans up to 30 years.
Whether you are building a new home, remodeling or expanding your current home or an investment property, we can help you.
A few highlights of our construction to permanent home loans:
Easy one-step financing takes care of everything you need, including both the construction and permanent mortgages.
Lower interest only monthly payments during construction
After construction your loan converts to a permanent loan and your principal payments begin.
Available for primary residents, 2nd homes and investment properties.
Permanent Fixed Rate and Adjustable Rate Mortgages available
Interest reserve payment option available
No prepayment penalty
Loans up to $10,000,000
If you would likd like to learn more about our Construction Financing options, please call us at 210-417-4548 or fill out this quick form and we'll get right back to you.