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Welcome to ColonialSingleClose.com
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At
Colonial National Mortgage,
we understand the nuts and bolts of construction lending. Our Single Close Construction Loan
combines the interim construction loan and permanent mortgage financing into one loan with one
set of fees, one application and one closing. So we eliminate the hassle of duplicate paperwork
and re-qualifying, while often saving your client thousands of dollars in interim financing costs.
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| Colonial's Single Close construction loans are not eligible in Declining or Distressed markets. The declining markets list can be found here. |
 Update (3/13/2009)
Effective immediately, the maximum LTV on a Single-Close Construction loan is 80% calculated from the lesser of cost or appraised value, minimum qualifying credit score is 720 and all loans must close under the 5/1 ARM program.
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| Meet Your Team |
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Meet Your Team
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2626 West Freeway, Fort Worth, Texas 76102
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Rate Lock Fax Line |
Fax Line |
800-937-8949
800-937-6001
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817-877-9037
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817-877-9506
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For questions regarding loan scenarios and pricing information, please contact Jay Tadlock or James Stone at 800-937-8949.
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Equal Housing Lender