What is the USDA One-Time Close Construction Loan? The USDA One-Time Close (OTC) Construction loan is a product that allows borrowers to combine financing for a lot purchase, construction and permanent mortgage into one first mortgage loan. Text “tall” to 888-709-2614 to get plugged in to Strategy Sunday when I drop gems like this weekly | tallguytycoon
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💥 Little-Known Real Estate Play 💥 The USDA One-Time Construction Loan lets you: ✅Buy rural land ✅ Build your home ✅ All with $0 down 👀 Key Benefits - • $0 down payment: Just like USDA’s standard loan, it offers 100% financing. • Covers land construction: You can use it to buy the land, pay for building costs, and roll it all into one permanent loan. • One set of closing costs: Since it’s a single-close product, you avoid paying multiple sets of fees. • Fixed interest rate: Locks in your rate
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