Innovative Mortgage Services - Construction Mortgage

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Construction / Perm Loans (CPs)

Construction / Perm financing allows you to obtain the funds to build your new home and set your permanent loan terms in one transaction.

During the construction period, your builder will get periodic disbursements and after the home is completed and all funds disbursed, your permanent terms will take affect. During the construction period the payments are interest only based on the amount disbursed.