LICENSED IN MS, TN & AR NMLS #2001113

TN: 901.296.0007 | MS: 901.545.5700

LICENSED IN MS, TN & AR NMLS #2001113

One-Time Closing:
Land & Construction

Anchor Financial Mortgage Services is here to help!

Simplifying Homeownership with AFMS’s One-Time Closing: Land & Construction Loan Program. In the journey towards homeownership, prospective buyers often face the daunting task of navigating through various loan options, each with its own set of complexities. However, Anchor Financial Mortgage Services (AFMS) is revolutionizing this process with its One-Time Closing: Land & Construction Loan program, a solution designed to streamline the path to building your dream home. This innovative program combines the traditional construction loan and mortgage into one single loan, offering a myriad of benefits over the conventional two-loan process.

The One-Time Closing Advantage

The essence of the One-Time Closing: Land & Construction Loan program lies in its simplicity and efficiency. Unlike the traditional route where borrowers must secure a loan for the land purchase followed by another for construction, AFMS’s program requires just one application, one approval process, and one set of closing costs. This consolidation not only saves time but also significantly reduces the financial strain on homebuyers.

Simplified Application Process

Applying for a mortgage can often feel like a Herculean task, with endless paperwork and bureaucratic hurdles. The One-Time Closing program, however, simplifies this ordeal. Applicants need to fill out only one loan application, streamlining the approval process. This convenience is particularly beneficial for those who are credit-challenged, offering them a smoother path to homeownership.

Financial Benefits

One of the most compelling advantages of the One-Time Closing program is the financial savings it offers. By merging two loans into one, borrowers are spared the burden of paying two sets of closing costs. Moreover, the program provides the security of a fixed interest rate, shielding homeowners from the unpredictability of variable rates that can inflate over time.

Building Your Dream Home

The dream of building a custom home is often marred by the complexities of securing necessary financing. The One-Time Closing program addresses this challenge head-on, allowing borrowers to focus on the exciting aspects of home construction. Whether it’s designing the perfect layout or selecting the ideal materials, homeowners can proceed with confidence, knowing their financing is secure.

A Solution for Every Homebuyer

AFMS’s One-Time Closing program is versatile, catering to a wide range of homebuyers. Whether it’s a primary residence or a secondary home, the program accommodates various property types. Moreover, it extends its benefits to veterans and service members through VA loans, offering them an opportunity to build their dream home with no down payment requirement.

The One-Time Closing: Land & Construction Loan program from AFMS is more than just a financial product; it’s a gateway to homeownership with fewer obstacles. By eliminating the need for multiple loans and simplifying the application process, AFMS is empowering homebuyers to focus on what truly matters – building the home of their dreams. For those embarking on the journey of constructing a new home, the One-Time Closing program offers a streamlined, financially savvy path to turning those dreams into reality.

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Streamlined Process:

AFMS’s One-Time Closing: Land & Construction Loan program simplifies the homebuilding journey by combining land purchase and construction financing into a single loan, eliminating the need for multiple applications and closing costs.

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Financial Efficiency:

With this program, borrowers benefit from a fixed interest rate, reducing the uncertainty associated with variable rates. Additionally, the consolidation of loans results in cost savings for borrowers, making homeownership more financially feasible.

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Versatile Options:

Veterans can utilize this program to build a single-family home on owned or purchased land. Despite the rarity of $0 down VA construction loans, AFMS provides viable alternatives for Veterans to realize their dream homes without significant financial barriers.

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