Specialized Mortgage Program
A construction-to-permanent financing solution that combines construction and permanent loan phases into a single closing to save on costs and simplify the process.
Underwriting at a glance
- Minimum FICO
- -
- Max LTV (purchase / rate-term)
- -
- Max LTV (cash-out)
- -
- Loan amount
- -
- Documentation
- full-doc
- States
- most states
Highlights
- •Avoid two sets of closing costs
- •12-month construction phase extendable to 18 months
- •Extended lock options up to 360 days
- •Modify terms of permanent loan at completion of construction
- •FNMA 30-year fixed rate only
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 5/11/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
5.875%
5.906% APR
FHA
5.375%
5.405% APR
VA
5.375%
5.402% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.