Movement Mortgage, a top 10 national retail mortgage lender, is proud to add Construction to Permanent financing to its ever expanding selection of loan products.
For qualified families looking to build the home of their dreams, Movement’s Construction to Permanent financing keeps it simple. Movement’s product allows for a one-time close, allowing all closing costs to be taken care of up front. Once construction of the home is finished, that loan automatically converts to permanent financing without an additional closing cost.
This program also locks a permanent interest rate before building begins, and prior to closing, but still gives the customer the option of a one-time float down if rates improve.
Products like Construction to Permanent, paired with the exceptional operations support provided by Movement Mortgage, help ensure loan officers are able to consistently give clients the best possible customer service. This product also helps to create and maintain relationships with local and national home builders to provide even more avenues of success for loan officers.
“We are committed to providing our loan officers a competitive advantage in the field by offering a robust suite of innovative products and tools to serve their customers,” says Movement Chief Commercial Officer Michelle Donnelly. “Construction to Permanent is the latest addition that supports our loan officers in helping more families realize the American dream of homeownership.”
One of Movement’s top 10 producers, Dana Meadows, says this program is just another example of the work Movement does to support its people. “In the last few months alone, Movement has added programs like our one-time close Construction to Permanent mortgage, allowing me to service customers from application to closing rather than referring them to a competitor,” says Meadows. “Working for a company that consistently looks to add programs that allows me to serve more clients and grow relationships with more Realtors and builders is one of the many reasons that I work for Movement Mortgage.”
Construction to Permanent financing through Movement Mortgage is currently available in California, Florida, Georgia, North Carolina, South Carolina, Tennessee, Texas and Virginia. This program is expanding to additional states in 2019. To find out if you could qualify for a Construction to Permanent loan, contact a Movement Mortgage loan officer near you and get the conversation started.