Getting a loan for land? FHA One-Time Close

Getting a loan for land? FHA One-Time Close What’s the FHA One-Time Close Loan? The FHA One-Time Close (OTC) loan is an item which allows borrowers to mix funding for a great deal purchase, construction and permanent home loan into one very first real estate loan. Preferably fitted to borrowers who will be buying brand new construction, the FHA OTC …