Construction to Permanent "CP"
First Savings Mortgage specializes in Construction and Renovation programs for new and existing
home improvement projects. The CP program features a one-time close for lot acquisition, funding
for construction and a modification to permanent loan, saving you money on closing costs.
Key Benefits:
- 95% LTV to $1 Million with no payments during construction
- Interest at maturity
- Interest accrues only on amounts advanced
- 80% LTV to $2 Million
