What is a Construction Perm Loan?
You’ve searched high and low for the perfect house—and found nothing but bidding wars and compromises. Time to build. At BankSouth Mortgage, we offer Construction-to-Permanent Loans (C2P loans) that make it easy to go from blueprint to move-in.
Here’s how it works:
- One Loan: Covers both your build and your permanent mortgage
- One Closing: Fewer fees and headaches
- Draw Schedule: Funds are released in phases during construction
- Automatic Conversion: Your loan becomes a mortgage once you move in
- Rate Lock: Lock in your interest rate before construction starts
You dream it. Your builder builds it. We finance it—all the way.
Whether you’re just starting or already own your land, I’m here to help guide you from the first idea to the front door.
Let’s talk about how to make building simple—with the right support from BankSouth Mortgage.
Blog post date: Friday, July 18, 2025
