Build Your Dream Home with One-Time Close Construction Loans in Southeast Wisconsin
If you've been dreaming of building a custom home in Southeast Wisconsin - from Brookfield to Oak Creek to Milwaukee - Union Home Mortgage offers a unique loan option that simplifies the process: the One-Time Close Construction Loan.
This all-in-one financing solution combines the cost of construction and the mortgage into a single loan, meaning you only close once. That's right - no need to juggle two separate loans, two approvals, and two sets of closing costs. It's a streamlined process designed for buyers who want to build without the financial hassle.
🔨 What Is a One-Time Close Construction Loan?
A One-Time Close Construction Loan is a mortgage product that allows you to finance the lot, construction, and permanent mortgage all under a single loan. Unlike traditional construction loans that require a second closing after the home is built, this loan automatically converts to a permanent mortgage when construction is complete.
Key Benefits:
- ✅ Interest-only payments during construction - Keeps monthly payments low while you build.
- ✅ Single closing - You save on time, fees, and stress.
- ✅ No need to requalify after construction - Secure your loan terms upfront.
- ✅ Multiple loan types available - FHA, VA, USDA, and Conventional.
- ✅ Perfect for primary residence builds in Wisconsin - We work with local builders and lots.
This loan is ideal for:
- First-time homebuyers who want to build instead of buy resale
- Veterans using VA construction options (Learn more about VA Loans)
- USDA-eligible rural property buyers (USDA Loan Info)
- FHA buyers looking for lower down payment options (FHA Guidelines)
- Homeowners downsizing into a custom ranch or craftsman
🏘️ Why It Works in Southeast Wisconsin
The Milwaukee metro area - including Brookfield, Oak Creek, Milwaukee, Waukesha, and surrounding suburbs - is growing, but inventory is tight. More buyers are turning to new builds to get the layout, location, and energy efficiency they want.
Whether you already own a lot or are just starting the process, this loan gives you an edge in today's competitive market. Builders love it because it shows you're serious - and fully financed. You'll love it because you can lock in your rate and avoid second-guessing later.
For market insights, check Zillow's Southeast Wisconsin Trends or Realtor.com's local housing reports.
👷♂️ How the Process Works:
- Pre-Approval: My team and I review your income, credit, and goals to determine your budget.
- Builder + Lot Selection: We help coordinate financing with your builder and ensure the lot qualifies.
- Loan Closing: We close on the full construction loan before the build begins.
- Construction Phase: You make interest-only payments while the home is being built.
- Conversion: Once construction is complete, the loan automatically converts to a fixed-rate mortgage.
📍 Areas We Serve
We specialize in One-Time Close Construction Loans across:
- Brookfield
- Oak Creek
- Milwaukee
- New Berlin
- Waukesha
- Franklin
- Muskego
- Pewaukee
- Southeast Wisconsin suburbs
If you’re outside these areas, contact me here to see if you qualify.
💬 Let's Talk About Building Your Dream Home
Union Home Mortgage is one of the few lenders in the region offering this type of financing - with no overlays and a smooth, in-house process from start to finish.
📅 Schedule your free consult to see if you qualify.
📞 Or call/text me at (414) 975-2654 to get started today.
Let's build something incredible - together.