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The One Time Close Construction Loan Program is unique, and
Tampa Bay Lending Services, Inc. is one of the few companies in the industry that can bring it to you! We
have hand picked lenders that are specialized in providing this unique
program because we feel it is the best program available for home owners
and contractors alike.
This program is designed to provide a borrower the opportunity to
combine both a construction and permanent loan into one loan, one
closing, with lower closing costs. By closing once, and funding
immediately, our program will enable the borrower to receive their funds
which are then available to the builder on a draw basis as work is being
completed. This frees up more of the builder's financial resources and
provides an easier and more secure way of financing your construction
projects.
Borrower's Benefits:
- One Loan Qualification
- One-time signing of loan documents
- One loan and one set of closing costs
- No need to worry about job status, increased debt or a
change in your credit score
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Contractor's Benefits:
- Funds wired to builder's account with 72 hours of draw
request
- Local inspectors
- Use of bank funds rather than credit
- Minimal documentation from contractors
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Financing is available for:
- Ground up construction projects
- Renovation and major remodeling projects
- Tear down projects
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Tampa Bay
Lending Corporation
115 E Bloomingdale Avenue, Suite # 146
Brandon, FL 33511
Office: 813-315-2537
Fax: 813-315-2527
info@tblsinc.com |
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