Having a strong foundation and a solid plan for financing is crucial when building your dream home.
With Capitol Federal’s True Blue® Construction-to-Permanent Loan program, you can enjoy the convenience of one loan throughout the building process and life of the loan.
Learn more about the:
Construction Details:
- Competitive conforming and jumbo rates
- Loan costs among the lowest in the industry
- Construction time to allow flexibility
- Dependable local service with 24-hour draw turnaround time
- Payments made directly to suppliers and subcontractors as authorized by you
- During construction, receive monthly invoices for accrued interest based on the amount of loan funds you have used
Conversion to Permanent Details:
- Interest rate locked for life of the loan on conventional fixed-rate loans
- Possible tax advantages (consult a tax advisor for deductibility)
- Automatic conversion to a permanent loan with no change to your interest rate
- Free one-time re-amortization upon sale of existing residence*
- True Blue® service throughout the life of the loan
* You must close the sale within 90 days of conversion. Additional restrictions apply.
At this time, Construction-to-Permanent loans are only available in the Kansas City area. Loan information is subject to change. Certain restrictions apply.
Questions? Call us for details: 1-888-8CAPFED (1-888-822-7333).
