Building Your Dreams with MortgageDepot’s New Construction Loans

Building Your Dreams with MortgageDepot’s New Construction Loans

Are you a borrower looking to build your dream home? Or a builder or contractor ready to take your business to the next level? At, MortgageDepot, we can help you achieve your goals with our One-Time Close New Construction Loans. Here’s why our loans are the better option for everyone involved:

For Borrowers:

• Save time and money: With one closing, you only have to pay for one set of closing costs.
• No settling: You can finally build the home of your dreams.
• Low down payment: With just 5% down, this loan is accessible for more borrowers.
• One approval: No need for a second approval, making the process smoother and easier.
• Floating down option: You can float down to a lower interest rate if the market improves or stay locked in no matter how the market moves.
• Lower initial payments: During the build period, you can enjoy a lower, interest-only payment.
• Less out-of-pocket expenses: The mortgage pays for the build, so you don’t have to pay for it upfront.

For Builders and Contractors:

• Level the playing field: You have more freedom to build unique homes for your clients.
• Get paid faster: The cash is ready to be used for labor and materials, eliminating the need to pay upfront.

Don’t miss out on the opportunity to make your dream a reality. Talk to our account executive about One-Time Close New Construction Loans today.

Connect with one of our loan consultants to learn more.