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Lock in a Low Mortgage Rate for 12 Months While Your Home is Under Construction
If you are purchasing a home once it is finished from a
Builder or Developer and do not need to obtain financing for the
construction of the home, you can begin the mortgage process by locking in your mortgage rate before your home is completed and avoid the risk of rising rates.
If you already have a construction loan, take up to 12 months
to finish your home's construction. When you're done building,
Evolve Bank & Trust will refinance your construction loan with the low rate you locked into.
Need a Construction Loan?
Evolve Bank & Trust's One-Time Close Loan is a single transaction
loan that includes both the construction and permanent loans.
With Evolve Bank & Trust's One-Time Close you will close on both
loans at one closing, with one simple process, and pay only one
set of closing cost.
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