Construction Loan

A One Time Close Construction Loan is a great option for building your dream home or entering the home-building market in Colorado, Wyoming, Montana, or Kansas.

This Conventional Loan lets you avoid two closings, automatically rolling into a 30-year fixed mortgage once the project is completed. It simplifies the financing process, allowing for smoother transitions during construction and finalization.

Do You Qualify for a Construction Loan?

To qualify for a Construction Loan, you'll need at least 5% equity in the project and a minimum FICO score of 700. Additionally, you’ll need to complete a mortgage application, provide your credit history, and submit income documentation. This loan option is ideal for those looking to build a home or enter the homebuilding market.

If you're in Colorado, Wyoming, Montana, or Kansas, or planning to move there, reach out to Peak Financial to explore your loan options or click below!

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