HarborOne Mortgage offers Construction Loans that are used to acquire land and build a home, or to build a home on land that you already own.
Loan terms are interest-only payments during construction for the first 12 months. Then the loan turns to fully amortizing payment for the remaining life of the loan (14 or 29 years).
HarborOne Mortgage offers a practical construction financing product with a very competitive interest rate. Please contact a Mortgage Originator today to discuss rates and terms