Build Your Dream Home at a Low Rate
Whether you are wanting to build on acreage or are looking to downsize, we have a variety of options available in SW Washington, NW Oregon, and the Puget Sound area. Contact us today to secure your low rate and start the journey to your dream home.
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A construction-to-permanent loan is one form of construction financing borrowers use to build a home. It can help with obtaining land, materials, permits and more. Once the home is built the load converts to a traditional mortgage.
What is a construction-to-permanent loan?
5.875%
*
30-Year Fixed Rate
*Rate is available to eligible buyers on Garrette Custom Homes in Washington and Oregon. Rates are subject to change without notice. Based on a $1,000,000 loan with builder's preferred lender for qualified buyer with 720+ FICO and 20% down. 6.059% APR on construction to permanent loan.
on Construction-to-Permanent Loan with 60-Day Lock
Frequently Asked Questions
Annual percentage rate (APR) refers to the yearly interest generated by a sum that's charged to borrowers. For mortgages this can include the interest rate, broker fees, any points, and other charges you may pay for the loan.
What does APR mean?
A 30-year fixed-rate mortgage is a home loan with a repayment term of 30 years and an interest rate that remains the same throughout the life of the loan. A 30-year home loan with a fixed rate will have the same monthly payment until the loan is paid in full.
What does 30-year fixed mean?
Questions? Give us a call!
