Construction Perm Loan Program

Placing Your Dreams Within Reach...

Lock in a rate before building and save money on closing costs!

A Construction Perm Loan is a short-term loan to finance the building phase of a real estate project AND a permanent long-term loan rolled into one package. When construction of the home is complete, the loan is modified into the permanent mortgage loan. The purpose of this loan is to save money on closing costs and lock in a permanent rate before construction begins.

You can lock in the rate for 6 to 11 months!

Building a new home takes time, and interest rates can change before your home is complete. With the Construction Perm loan, ProLending can lock in your interest rate before construction for a period of up to 11 months. Since you won't have to worry about rising interest rates, you can concentrate on all the details of building your new home. ProLending will also help in working with your contractor.


Apply for a Construction Perm Loan >>