Ways to get that loan for land? FHA One-Time Near
What’s the FHA One-Time Close Loan?
The FHA One-Time Close (OTC) loan is an item that enables borrowers to mix funding for a whole lot purchase, construction and permanent mortgage into one first home loan. Preferably fitted to borrowers who will be buying construction that is new the FHA OTC loan provides the advantages of low cash down funding, competitive interest levels and another closing for several funding.
