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Simple construction-to-permanent home loan

When you’re ready to build your dream home, we’ve got you covered from the ground up. Our simplified process ensures you lock in a great rate up front before home construction begins, as well as save time and money with just one closing.


Take a closer look at Construction-to-Permanent financing

A Construction-to-Permanent home loan allows you to shop for just one loan when building a new home. It covers the financing during the building process and then transitions into a permanent loan once home construction is complete, saving you the additional time and closing costs of two separate loans.

Lock in low rate up front
Convenient one-time closing
Close in 30 days or less
If you're ready to get started, let us walk you through the process. You can reach us a number of ways: call (863) 688-8443 or toll free (855) 915-4663, find a local mortgage specialist, or start your application online.

Apply for a Mortgage

Find a Mortgage Specialist



Learn about Construction-to-Permanent Mortgages

  • Down payment as low as 10%1
  • Financing is secured before home construction begins. You only need to be approved once.
  • Interest-only payments during construction
  • One-step, one-time closing
  • Converts to a fixed- or adjustable-rate mortgage.
  • Flexible loan terms up to 30 years
  • Jumbo loans available

Things to Consider

  • Builder must be reviewed by MIDFLORIDA.
  • Inspections are required prior to each draw.
  • While there is only one closing, additional costs may be due at the time of loan conversion, such as establishing an escrow account for insurance and taxes, unpaid construction phase interest or title insurance fees.

Homeowners Insurance

Are you covered?

Protect your home inside and out. Compare multiple carriers to find the best deal available. Insurance products provided by MIDFLORIDA Insurance Services, LLC. Lic. #L084232
Notices & Disclosures
Membership and eligibility requirements apply. Payment Example: A 30-year fixed-rate construction to permanent loan for $270,000 with 30% down at 7.500% and an Annual Percentage Rate (APR) of 7.620% has a monthly payment of $1,887.88 which includes principal and interest. Payment example does not include taxes, insurance premiums, or mortgage insurance premiums; actual payment will be greater. 30% down requires a minimum credit score of 700. Actual rate may vary based on credit history and underwriting guidelines. NMLS #417627. REV 07/2023