For builders and buyers of custom-constructed homes, Lake Community Bank offers a unique One-Time Close Program.

• The buyer finances the land and the construction
• Construction begins after the loan is closed.
• Funds are advanced to contractors or subcontractors after buyer approval
• Interest is charged only on the amount of the advanced funds
• Once the home is completed, the existing loan is converted to a mortgage loan at the prevailing interest rate
• Closing costs are paid only once

Click here to e-mail a request for more information on Real Estate One Time Closing Program.

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