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Construction LoansSave time and money when you use Charter Mortgage to help you build the home of your dreams. A Charter Mortgage OTC (one-time close) construction loan includes both the construction and permanent mortgage. One loan, one closing – saves time and money!

Mortgages are available for purchases and refinances. Owner occupants, second home buyers and investors are eligible.

Construction LoanFixed rate or Adjustable Rate Mortgages (ARM) are available. Construction interest payments may be included in the mortgage loan. Owner-builders are eligible (certain qualifications are applicable). No bond requirements.

Mortgage loan amounts up to 100% of the construction costs may be available. Land loans only are also available.


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