ONE-TIME CLOSE CONSTRUCTION LOAN
Lock Your Rate Before You Break Ground.
Single Closing Construction-to-Permanent — one loan, one closing, one set of fees from the day you break ground to the day you move in.
11-month construction period · Rate lock up to 90 days · Single-close program
Run Your OTC Numbers
Five calculators — pick the question you need answered first.
Construction Budget
Build your project budget. Land + hard + soft + contingency.
Get Your Full Report
Enter your info and we'll email you a detailed report with your scenario + next steps. A specialist will follow up.
Lot-as-Down-Payment LTV
See whether your existing lot equity covers the required down payment.
Get Your Full Report
Enter your info and we'll email you a detailed report with your scenario + next steps. A specialist will follow up.
Draw Schedule Visualizer
Model how your construction budget disburses across draws.
| Draw | Amount | Cumulative | % |
|---|
Get Your Full Report
Enter your info and we'll email you a detailed report with your scenario + next steps. A specialist will follow up.
Interest-Only Construction Payment
Estimate your monthly interest-only payment during the build.
| Month | Balance | Interest |
|---|
Get Your Full Report
Enter your info and we'll email you a detailed report with your scenario + next steps. A specialist will follow up.
Builder Qualification Checklist
Evaluate your builder against OTC review criteria.
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Get Your Full Report
Enter your info and we'll email you a detailed report with your scenario + next steps. A specialist will follow up.
Program parameters
What the one-time-close construction program supports. These are program parameters, not a rate, payment, or down-payment claim.
11-Month Build Period
Construction phase covers up to 11 months, plus a modification window to convert to permanent financing.
Rate Lock up to 90 Days
Lock your permanent mortgage rate before construction starts — protection against rate movement during the build.
5% Contingency Reserve
A contingency reserve is built into the budget to absorb change orders and unexpected build costs without re-underwriting.
5–10 Draw Schedule
Funds release in scheduled draws tied to construction milestones — inspected and approved before each release.
One Application
Single qualification process covers both construction and permanent financing. No re-approval at completion.
Builder Approval
Licensed general contractor required. Owner-builder permitted on primary residence. Builder approval package runs alongside your application.
Who we help build
From first-time builders to tear-down rebuilders — construction financing that fits the project.
Custom Home Builders
You have the vision and the lot. One loan takes you from plans to permanent mortgage.
Land Owners
You own the land. We finance land + build + permanent financing together — no juggling three loans.
Tear-Down Rebuilders
Right neighborhood, wrong house. Demo permits, construction, and permanent mortgage in one close.
First-Time Builders
One specialist walks you through draws, inspections, and the mod-to-permanent step. No expert required.
Rural & Acreage Builders
Rural property-ready program — acreage, outbuildings, and septic/well workflows supported.
ADU & Addition Builders
Accessory dwelling units and major additions qualify under the single-close program.
Why traditional construction financing fails
Most banks push you through two separate loans — a construction loan and a permanent mortgage. Two closings. Two sets of fees. Two qualification rounds. One-Time Close eliminates all of that.
Two closings, two sets of fees
Conventional construction financing closes once when you break ground and again when you convert to permanent — doubling closing costs and underwriting stress.
Re-qualification mid-build
When the construction loan ends, most programs re-underwrite your income and credit before the permanent mortgage — any life change mid-build can derail the conversion.
No rate protection
Most construction loans float during the build. If rates climb while you're building, your permanent mortgage payment climbs with them.
Builder approval chaos
Traditional banks push builder approval onto you. Our program runs builder approval alongside your application, on one timeline, with one team.
Frequently asked questions
Ready to break ground?
Tell us about the project. A construction specialist follows up within 24 hours — no pressure, no obligation.
Homestead Capital Partners · NMLS #2587985 · Licensed CO · NEXA Lending LLC · NMLS #1660690 · 5559 S Sossaman Rd, Bldg 1, Ste 101, Mesa, AZ 85212 · Equal Housing Lender
Equal Credit Opportunity Act Notice: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age; because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning Homestead Capital Partners is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington, DC 20552.