Exactly what Ought I Know About a Construction-to-Permanent Mortgage? A construction-to-permanent loan combines construction funding and financial financing into one financing.
Determine whether your property is actually qualified
For a construction-to-permanent loan, your brand new house must be an owner-occupied primary residence or one minute residence. The house sort must certanly be a one-unit, single-family separated home, and BB&T requires that you choose a licensed general builder to construct your house.