Combine Land and Home in Just One Loan or Two!

Genuine NO Money Down, Zero Out-Of-Pocket Programs Available. Ask How Qualified Borrowers Can Access Up To $50,000 Extra Before or After Loan Closing.

How our one-time and two-time close construction loans work: Find land you want or use land you own, find a builder you like, and let us help you build that dream home with just one outstanding loan or two.

You may use the land you currently own with equity available for a downpayment, have a current land loan balance you wish to have paid off with this loan, or purchase land you place under contract to be paid in full at the complete closing. Then, we will take the detailed builder contract simultaneously and have the funds secured to disburse to your builder in stages that we monitor, ensuring you’re never taken advantage of, and your home is built to completion.

One loan or two, with no requalifying at different stages.

Traditional construction loans usually require a land loan, with lenders asking for significant down payments and servicing monthly payments on that loan until it is paid off. Usually, these are much higher rates on land loans.

Then, you would need a construction loan to build, where most lenders also require significant funds down; they will also want you to service the monthly payments until this loan is paid off at a higher-than-standard interest rate.

You have to qualify for two loans with separate underwriting guidelines and lenders; after the construction is complete, you would need to qualify for a final Construction-to-Perm loan to pay off the construction loan and consolidate your land loan.

That is three loans with high down payments, astronomical closing costs spread out over three loans with different companies involved, three appraisals done at different times with market uncertainty, three times an underwriter will review to re-qualify you, and a lot of time spent waiting in between. During all this time, you’ll have different lenders and processing teams creating opportunities for mistakes that can set you back, missed closing dates, and unknowns with current interest rates, the economy, and people’s jobs.

Do you have the time and patience for three separate loans and teams reviewing your financials and data, with different requirements to qualify for at different stages? We know you don’t want to go the route of traditional construction financing, and if you don’t have to.

"The Only One-Time Close Construction Loan You’ll Ever Need, Of Course, Unless You Find It More Advantages to Do A Two-Time Close.”

Proudly Offering True Modular & Site-Built One-Time & Two-Time Close Construction Loans In All 50 States.

YES: Jumbo Home Financing, Steel/Metal Homes, Barndominiums, Log Cabins, Concrete Block Homes, SIP Panel Homes, ICF Insulated Concrete Foam Homes, Log Cabin Style Homes, Multi-Family, 2nd Homes, ADU Accessory Dwelling Units.

Ineligible Property Types: Single-Wide Manufactured, Earth Contact, Geodomes, Container Homes, Tiny Homes, Shomes (Shop Homes), A-Frames, Mixed-Use Property, NO Investment Homes, Nor Any Commercial Projects. No Self Build or Self Contracting Allowed. *We do not offer new Dealer Manufactured Home Loans in New York.

Our One-Time & Two-Time Close Construction Loan Program Highlights

• 640 minimum credit score required

• Conforming, High-Balance, and Jumbo Loan amounts to $3+ Million.

• Single Family, Multi-Family, Primary Residence, 2nd Homes, and Accessory Dwelling Units Eligible.

• Available in all 50 states.

• Up to 100% under our VA program for Veterans.

• 1 Loan vs. 3 saves closing costs, appraisals, title fees, & down payments when factoring in land loan, construction loan, and final take-out loan of traditional construction financing.

• One-Time Close Requires NO Re-Qualification once construction is complete.

• One-Time Close Requires NO Re-Appraisal, one appraisal only, completed as if the home was built, so no worries of property values dropping during the build.

• Available land equity can be used towards a portion of or all down payment if owned or purchased simultaneously.

• The land you own with a loan balance remaining will be paid off and rolled into the loan.

• Our construction loan is 100% in place before breaking ground.

• Full inspectors ensure your build is going as planned before payments are made to the builder.

• The builder is never paid for work that is not yet completed, which is designed to protect you, the customer.

• Attractive Fixed and Interest Only terms are available.

• No Self-Help, Family Builders, and Buyer can not act as a contractor or complete any work on the home.

• The builder/retailer can offer seller concessions and roll in closing costs, and VA loans may possibly have zero out-of-closing.

• *Well-qualified borrowers may be eligible for up to $50,000 additional funds before or after closing to use as they wish.

*We do not offer loans for any property placed on rented land, in mobile home parks, or on family land. We do not offer to finance any property not permanently fixed to land before closing unless under our new build/construction programs for newly manufactured home models. *We do not offer new Dealer Manufactured Home Loans in New York. Modular and Site Built land and home construction is allowed in all 50 states.

ONE-TIME, TWO-TIME CLOSE CONSTRUCTION & RENOVATION LOANS DON'T SCARE US; WE TAKE ON THE TOUGH!

We're Dedicated To Helping You Achieve The Loan You Desire.

Manufactured Nationwide is proud to present hard-working bankers who roll up their sleeves to deliver amazing solutions. With programs available to those turned down by other banks or needing a focused banker ready to listen and fight for your loan. We stand at the ready, bringing over 100 years of mortgage industry knowledge to achieve your goals. From double to triple-wide, from Barndominium to SIP Panel Construction, you can build, buy, refi, or renovate with Manufactured Nationwide's custom-tailored loans.