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HomeStyle Construction-to-Permanent Mortgage
Fannie Mae

Program Overview

HomeStyle Construction-to-Permanent Mortgage is a loan program available for new home construction or to finish building a home that's currently under construction. This loan provides financing from the construction phase through the purchase of your new home. Available in all areas as indicated.

Who is eligible for this program?

The mortgage is used to puchase land upon which you will build your home, or finance construction of a new home.

Is this program for first time buyers only? No

Property Eligibility Requirements

The sales price cannot exceed $ See lender for loan limits..

Allowable property types: Single-family and Duplex

Benefit Details

The loan is available for one- and two-unit owner-occupied homes, one-unit second homes, and one-unit investor homes. Your down payment could be as low as 5 percent.

Homebuyer Counseling /
Education Required: No

Owner Occupancy Required: No

Other Program Comments: Can also choose between various adjustable-rate mortgages.

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.

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