Having a BB&T construction-to-permanent loan, you can easily combine your lot and construction financing in a loan that is single. So when your property is complete, we are going to just change your construction loan to a mortgage that is permanent.
Best in the event that you
- Like to grow your main or vacation res have to choose the complete great deal and fund the construction
- Would really like the choice to prepay without penalty
- Affordable, interest-only payments during construction
- Flexible fixed and loan that is adjustable-rate
- No prepayment charges
- One upfront closing with one pair of closing costs offers the funding for the great deal, construction and home loan