One-Time Close Construction Loans in Wisconsin – Build Your Dream Home in 2025
Building a home from the ground up is exciting - but it can also feel overwhelming. Between construction timelines, financing approvals, and multiple closings, the process can get complicated fast. That's where a one-time close construction loan comes in.
With this loan, you can combine your construction financing and permanent mortgage into one simple closing. That means fewer headaches, fewer fees, and a smoother path to your dream home in Wisconsin.
What Is a One-Time Close Construction Loan?
A one-time close (sometimes called a single-close) construction loan allows you to finance both the construction of your home and the permanent mortgage in one transaction. Instead of going through two separate closings - one for construction, one for the final mortgage - you close once, up front.
Key benefits include:
- ✅ One closing, one set of closing costs
- ✅ Rate lock protection before construction begins
- ✅ Streamlined underwriting and approval
- ✅ Financing for land purchase and home build together
Who Can Benefit?
One-time close loans are popular with:
- Homebuyers who own land and are ready to build
- Families who want to design their own home instead of buying resale
- Borrowers looking for predictable financing without surprises
In Wisconsin's competitive market, this program is especially valuable because it reduces delays and provides peace of mind while your home is being built.
Requirements in Wisconsin
Like any mortgage, there are some requirements:
- Down Payment: As little as 5% down for qualified buyers
- Credit Score: Typically 680+ for the best rates
- Property Types: Single-family primary residences (custom builds, stick-built homes)
- Appraisal: Based on "as-completed" value of the home
👉 Good news: My team and I can walk you through every step, from blueprint to move-in.
Why Choose a One-Time Close Loan?
Compared to traditional two-close construction loans, you'll save time, money, and stress. Sellers and builders love this option because everything is secured up front, giving you more certainty.
In short: You won't be scrambling for financing once the home is done - your permanent mortgage is already locked in.
Related Reading
- Conventional Loans in Wisconsin 2025 - A Smart Choice for Homebuyers
- Down Payments in Wisconsin 2025 - What Counts and Where the Money Can Come From
- Investopedia - Construction Loan Overview
Next Steps
If you're ready to start building in Wisconsin, let's talk about how a one-time close loan can make the process easier.
📲 Call/Text: 414-976-2654
📧 Email: azeman@uhm.com
🌐 www.mkemortgage.com
🤖 Try my 24/7 Home Financing Assistant: Wisconsin Real Estate & Mortgage Expert