Construction Loans

A construction only loan is usually a short-term loan that provides funds to
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A construction only loan is usually a short-term loan that provides funds to cover the cost of building a new residential property. Once the property is completed this loan will need to be converted to a permanent loan.

If financing a One-Time Construction loan, this product allows you to combine the financing for the lot purchase, construction, and permanent mortgage into one first mortgage. 

We’ll help you see the differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.

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Premier Choice Mortage 505.830.9685 6330 Riverside Plaza Lane NW, Suite 175 Albuquerque, New Mexico 87120

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