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OTC ConstructionOwner-OccupiedConstructionVA
One-Time-Close Construction in Loudoun County, VA
Single-close construction loan simplified a custom build.
Download PDF$690,000
Loan Amount
30 days
Clear-to-Close
Loudoun County, Virginia
Location
Construction
Property Type
From Dirt to Doorstep: One-Time-Close in Loudoun County
Builder approvals and draw timing were the keys.
The Challenges
- Builder approval + docs
- Budget control and contingency planning
The Playbook
- Approved builder up front and reviewed contract
- Single appraisal with cost breakdown; set contingency reserve
- Clear draw schedule and inspection plan
- Coordinated permits/title to lock closing date
Outcome
- One closing, one appraisal
- Smooth draw cadence with minimal delays
- Move-in on target
Coach's Tips
- Use builders comfortable with lender draws
- Don't skimp on contingency
- Keep change orders lean
Download PDF: One-Time-Close Construction in Loudoun County, VA
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