Blog > The New Construction Hack: One-Close Financing with Supreme Lending
The Double-Closing Trap
Most people building a custom home get hit with a financial surprise: they think they need one
loan to buy the land and build the structure, and then a completely separate mortgage to pay off
the builder when it’s done. That means two sets of closing costs, two applications, and
double the stress.
The All-In-One Solution
Through our partnership with Supreme Lending, we utilize the One-Close Construction Loan.
This program wraps everything into a single loan before ground even breaks:
● One Application, One Closing: You apply once and close once, saving thousands in
transaction fees.
● Lock-In Security: You can lock in your permanent interest rate before construction
starts, protecting you from market fluctuations while your home is being built.
● Interest-Only Payments: During the construction phase, you only make interest-only
payments on the funds that have actually been drawn by the contractor, keeping your
monthly overhead manageable.