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Build Your Home
Custom construction financing for your dream home
Invsetor Construction Loans
Build-to-rent and spec home financing
One-Time Close Options
Seamless transition from construction to permanent
Guided Construction Draws
Expert support through every phase
What Is a Construction Loan?
A construction loan provides the funds needed to build a new home from the ground up. Unlike traditional mortgages, these loans disburse money in stages as construction progresses.
Funds are released through scheduled "draws" based on completed work, ensuring your builder has the capital needed at each phase while protecting your investment.
Once construction is complete, the loan can convert to a permanent mortgage, often with a single closing to save you time and money.
Land
Build
Draws
Final Mortgage
Types of Construction Loans
Construction-to-Permanent Loan
Who it's for: Primary residence builders
Key benefit: One closing, one set of fees. Your construction loan automatically converts to a permanent mortgage when the build is complete.
Key benefit: Separate construction and permanent loans. Lock in a better rate after construction if market conditions improve.
Who it's for: Borrowers wanting flexibility
Two-Time Close Construction Loan
Investor / Spec Construction Loan
Who it's for: Real estate investors and builders
Key benefit: Build-to-sell or build-to-rent financing with investor-friendly terms and faster approvals
Mixed-Use & Specialty Construction Loan
Who it's for: Unique property projects
Key benefit: Financing for non-traditional builds including mixed-use properties, barndominiums, and more.
How the Process Works
1
2
3
4
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Pre-Qualification
Plans & Builder Review
Loan Approval
Construction Draws
Loan Completion
4
Get approved and know your budget
Submit construction plans and builder info
Final underwriting and closing
Funds released as work is completed
Convert to permanent mortgage
Why Choose Raksha Mortgage Inc.
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Construction loan expertise
Years of specialized experience in construction financing
Investor-friendly underwriting
Flexible guidelines for real estate investors
Hands-on guidance
Dedicated support through every phase of construction
FHA, Conventional & Non-QM options
Multiple loan programs to fit your unique situation
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Licensed
Lender
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5 Start
Review
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Fast
Approval
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Expert
Team