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Can A One-Time Close Construction Loan Help You Build Your Dream Home?
A One-Time Close construction loan consolidates a short-term construction loan and the long-term home mortgage into a single loan.

New American Funding is a direct mortgage lender and is #1 in customer satisfaction among mortgage servicers, according to the J.D. Power 2022 U.S. Mortgage Servicer Satisfaction Study*. They enable clients of all backgrounds to accomplish the American dream of homeownership by offering a diverse product suite, competitive pricing, and a timely and efficient closing.
Founded twenty years ago, New American Funding’s passion for client service is displayed in every step of the homeownership experience with focus on fulfilling our client’s needs in a manner that enhances their standard of living.
Equal Housing Lender - NMLS #6606
*https://www.jdpower.com/business/press-releases/2022-us-mortgage-servicer-satisfaction-study
A One-Time Close construction loan consolidates a short-term construction loan and the long-term home mortgage into a single loan.

Factors such as your home’s condition, size, and location can greatly impact how much your property can sell for.
From government-backed loans to down payment assistance programs, it’s possible to buy a home without a hefty upfront payment.
Purchasing your first home can be overwhelming, but understanding the process and benefits ahead of time can make a big difference.
Financing big projects like bathroom renovations, kitchen remodeling, and necessary repairs can often be achieved with the right loan.
If you’re looking for an affordable property, West Virginia boasts the lowest home prices, followed by some Southern and Midwestern states.
With the right mortgage option, prospective buyers don’t always need to save up a 20% down payment to secure their dream home.
Financial education can help you build wealth, reduce debt and make smarter financial decisions with major purchases like a home.
Creating a budget, building emergency savings, and investing in assets like real estate can help you meet your financial goals.
With approximately 13.5 percent of Americans owing student loan debt, the forgiveness of student loans could positively impact their ability
If you're a homebuyer with little to no credit history, a government-backed FHA loan may be able to quickly and easily help you buy a house.
New American Funding offers buydown options for eligible borrowers looking to save each month or put toward essential home improvements.
New American Funding’s Pathway to Homeownership initiative helps eligible buyers in select areas to offset costs and brings peace of mind.
New American Funding is making homeownership more accessible for homebuyers through NAF Cash*, an affiliated company of New American Funding
Securing a loan with New American Funding gives you access to the full network of RE Home Connect agents.
This New American Funding initiative will refinance you into a lower rate & remove repeat fees if rates drop within the next five years.
The FHA 203k loan goes by various names ... and helps you pay to bring an older home in need of some TLC back up to market standards.
Learn about FHA loan requirements & guidelines for mortgage insurance, lending limits, debt to income ratios, credit issues & closing costs.
Tapping into your home’s equity responsibly is one of the best ways to take the reins of your finances for immediate needs and emergencies.
As HUD noted, this reduction could save an average borrower $800 a year.