Build your dream home with a single loan for land and construction.
Dreaming of building on your own land but worried about how complicated that gets? The One-Time Close loan rolls the land and the construction into a single mortgage — no separate financing for each — which saves you both time and money.
Eligible Property Types
- Modular homes
- Teardowns and major renovations
- Detached condos
- Site-built single-family homes
- Detached single-family homes in planned communities
- Properties where construction has already begun
Down Payment Assistance
Choose your path: 3% or 5% in assistance.
Saving for a down payment is one of the biggest barriers to owning a home, especially for first-time buyers. The NAF Pathway program helps bridge that gap for buyers with credit scores of 580 or higher, putting homeownership within closer reach.
Eligible buyers can receive either 3% or 5% of the purchase price, applied toward the down payment, closing costs, or both — so you can get into a home with less cash up front.
Key Benefits
- Often no repayment. In many cases the assistance is structured as a forgivable grant.
- First-time-buyer friendly. Built to help those entering the market.
- Choose your level. 3% or 5%, based on your needs.
- Pairs with qualifying NAF loan programs.
- Frees up your cash for moving, furnishing, and settling in.