Paul Cantor NMLS # 49523.  TrustMor Mortgage Company LLC NMLS # 93789

(nmlsconsumeraccess.org)

5300 Hickory Park Drive, Glen Allen, VA 23059

(804) 719-1515

 © 2019  TrustMor Mortgage Company LLC

Construction/Perm Loans

One-time close construction/perm mortgages are used for both the construction financing and the permanent financing. This enables borrowers to close both the construction loan and the permanent loan at the same time. It offers both builders and borrowers a sense of security because the project budget is determined before closing and the permanent financing is in place before work begins removing the uncertainty for changes in interest rates.