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​​Colonial Single Close Construction Loan

Colonial Single Close Construction Loan

 

One application, one loan, one closing. Building a new home is even simpler with Colonial's single close loan. 

  • 90% LTV with 12 Month Construction Term up to $650,000
  • 80% LTV with 12 Month Construction Term up to $750,000
  • 80% Conforming Fixed Rate Construction Loans
  • Interest-Only During Construction
  • Rate Protection with Float-Down Option
  • Lot Equity may be Credited toward Down Payment

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