One-Time Close Construction Loans in Wisconsin: Build Your Dream Home with Ease
Dreaming of building your perfect home in Milwaukee, Waukesha, Brookfield, or beyond? A One-Time Close Construction Loan might be exactly what you need - but most buyers (and even some lenders) don't fully understand how these work.
Good news: my team specializes in these unique loan programs, and I'm breaking it down for you right now - no fluff, no confusion.
What Is a One-Time Close Construction Loan?
A One-Time Close Construction Loan (also called a single-close loan) lets you finance the construction AND permanent mortgage of your home in one transaction. That means:
- ✅ One set of closing costs
- ✅ One appraisal
- ✅ One loan approval process
The loan converts from construction to permanent financing automatically when the home is completed - no second closing, no surprises.
Who Is This Loan Best For?
These loans are ideal for:
- Buyers building a custom or semi-custom home
- Borrowers purchasing land + building
- High-end buyers in areas like Brookfield, Pewaukee, or Oconomowoc
- Clients wanting full control over their home's layout and features
Down Payment Requirements in Wisconsin
- Conventional: Typically starts at 5% down
- FHA: As low as 3.5% down
- VA: $0 down for eligible veterans
- USDA: $0 down in approved rural areas
We'll help you compare options and choose the best program for your budget.
➡️ Related: 5 Things to Know Before Buying a Home in Wisconsin in 2025
How the Process Works (Step-by-Step)
- Pre-Approval
Get pre-approved with me so we know your exact budget. - Select Your Builder & Plans
Work with a licensed contractor to design your home. - Appraisal & Approval
We order a future-value appraisal based on your home plans. - Close Once
You close up front, then the builder draws funds in stages. - Move In & Transition
Once construction is complete, your loan automatically converts to a 15 - 30 year mortgage.
Why Work with Me for Construction Financing?
Most lenders don't touch construction loans - or they require two separate closings. I make it simple, local, and fast.
- We offer One-Time Close loans with FHA, VA, USDA, and Conventional
- You'll talk to me, not a call center
- Minimal paperwork - just what's required
- We help guide the builder, so you don't have to play project manager
Ready to Build?
Whether you’re purchasing land or have your lot picked out already, I'll walk you through the entire process - from pre-approval to move-in day.
Schedule a call with me
azeman@uhm.com
414-975-2654
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Let's build your future, together