Construction 855-246-PRMI

For Realtors

More buyers. More builders. More closings.

One-Time Close construction loans are one of the most underused tools in real estate. They let you help buyers build when they can't find the right home, turn your land and lot listings into closings, and give you a real reason to win more builder business. Here's how to put them to work.

Partner with PRMI Call 855-246-PRMI
  • VA OTC
  • FHA OTC
  • USDA OTC
  • Conventional OTC

Photo: Hannah Bechtel / Unsplash

Three ways construction lending grows your business

Most agents only sell the homes that already exist. These programs open up the ones that don't — and the relationships that come with them.

  • Reach more buyers

    When a buyer can’t find the right home — or simply wants something new — you don’t have to lose them. With One-Time Close, they can build it, financed in a single loan. You keep the client and you close the deal.

  • Sell more land & lots

    A lot is far easier to sell when the buyer can finance the build on it too. Pair your land and lot listings with construction financing and turn raw ground into a move-in-ready home — and a closing.

  • Win more builder business

    Builders want buyers and a lender who can actually close. Bring both. One-Time Close gives you a reason to get in front of builders, become their go-to agent, and earn the repeat business that follows.

What to tell your clients

The pitch is simple. Here's what makes One-Time Close easy for a buyer to say yes to:

  • One loan, one closing

    Land, construction, and the permanent mortgage are financed together and close once — not three separate steps.

  • No payments during the build

    The construction interest can be built into the loan, so your buyer makes no payments while the home goes up.

  • $0-down options

    VA and USDA can be $0 down; FHA is a low down payment — so building is within reach for more buyers.

  • Rate set up front

    The permanent rate is locked at the start, with a float-down reviewed at completion — no requalifying at the end.

The programs behind it

Not sure what each program needs down? Here's the quick version — many with $0 down, and all available with credit scores as low as 620.

Program Down payment Highlights
VA OTC $0 down* Eligible Veterans & service members — no mortgage insurance
FHA OTC 3.5% down Low down payment, flexible credit
FHA OTC + DPA $0 down* Down payment assistance can cover the down payment
USDA OTC $0 down* Income- and location-eligible rural areas
Conventional OTC 5% down Competitive terms; drop mortgage insurance at 20% equity

*$0 down reflects maximum financing — closing costs and fees may still apply. Down payment shown is the typical minimum; final terms depend on the buyer's qualification and program eligibility. Program availability varies by state. All loans are subject to underwriting approval. This is not a commitment to lend.

Partner with PRMI

Already work with a PRMI loan officer? Talk to them about One-Time Close. New to PRMI? Reach out today and we'll connect you with a loan officer who can put it to work — for your buyers, your land and lot listings, and your builder relationships.

Connect with a PRMI loan officer Email us

Call 855-246-PRMI or email ConstructionTeam@primeres.com.