Click N' Close One Time Close (OTC)
Construction/PERM Program
Nationwide DPA, OTC Construction/Perm Program & Renovation Loans
The Click n’ Close One-Time Close (OTC) program is a brokered construction-to-permanent loan available for Conventional, FHA, VA, and USDA financing. It allows borrowers to finance both the construction and permanent phases in a single closing—eliminating the need for a second closing once the home is built.
RESOURCES:
RENOVATION RESOURCES:
Contact Information for our CNC Representative:
Jon Eldridge
(704) 906-9765
Note: The training materials and forms posted here on the HUB are current as of the date of the rollout of this product (10-18-2024). Note that during our training, the representative of CNC did indicate doublewide manufactured housing is now available for financing under the conventional program (their guides have not been updated yet). If you have any questions, please contact the Click N' Close representative and he can address specific guideline or scenario questions for you.
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