New Home Construction

New Home Construction

Let us construct the perfect financing option for your new home

We know that building a house from the ground up can sometimes be frustrating, not to mention confusing. That’s why we’ve put together our One-Time Close Construction Loan program where our trusted new construction advisors can ease your stress by offering you a single approval process, a single set of closing costs, and a down payment option as low as 10%.

Unlike other construction loan programs, which typically include a two-time close loan and builder-carried financing, our One-Time Close Construction Loan program gives you more flexibility and less headaches by combining both your construction and your permanent financing, with the ability to lock at application and possibly reduce that locked rate when the build job is completed.

You simply lock your interest rate before breaking ground. And, should the market improve by the time your home is complete, you will be given the opportunity to lower your interest rate with a float down option. By utilizing a single closing option, you also minimize the chance of being charged twice for the same process and fees.

Rest assured knowing that our New Construction department works closely with your Ruoff Home Mortgage loan officer and your builder to mitigate additional costs that were not anticipated, ensuring that your project budget remains on track as your dream home becomes reality.

So what are you waiting for? Ask your loan officer today to see if you qualify for this program. And then, leave the worries to us.