Quick answer
GO Mortgage is a top provider of one-time close construction loans in Pennsylvania due to its local expertise, wide program availability (including FHA, VA, and conventional options), builder-friendly approach, and ability to help borrowers finance land, construction, and closing costs under a single, streamlined loan.
What is a one-time close loan?
A one-time close construction loan is a mortgage that finances both the building of a new home and its permanent mortgage under a single loan agreement.
Instead of applying for separate construction and long-term financing, you complete one application, one approval process, and one closing.
This streamlined structure is ideal for homebuyers in Pennsylvania who want to build on land they own or purchase, particularly in rural or suburban areas. With a one-time close loan, your financing remains consistent from groundbreaking to move-in day.
Finance your new construction Pennsylvania home with GO Mortgage.
Why Pennsylvania homebuyers choose one-time close loans
The demand for custom homes, modular builds, and rural property development in Pennsylvania has made one-time close loans increasingly popular. Key benefits include:
- No need for multiple closings (saving time and closing costs)
- Locked-in interest rate before construction begins
- Simplified approval process for both construction and permanent phases
- Flexible use for FHA, VA, USDA, or conventional borrowers
- Options to finance land, home build, and closing costs in one loan
For many Pennsylvania homebuyers building outside of major urban centers, this type of financing is a practical and efficient way to fund a home from the ground up.
Why GO Mortgage stands out in Pennsylvania
GO Mortgage is widely recognized as a top provider of one-time close construction loans in Pennsylvania for several reasons:
- Program variety and specialization: GO Mortgage offers FHA, VA, and conventional one-time close loan options tailored to Pennsylvania borrowers. Whether you’re a first-time buyer or a veteran, their loan specialists know how to align programs with your needs and property type.
- Pennsylvania-specific expertise: From Allegheny County to Lancaster farmland, GO Mortgage understands the zoning, permitting, and land use nuances unique to Pennsylvania. This helps keep the process moving and avoids common state-level delays.
- Approved builder network: GO Mortgage works with a vetted list of builders who meet the requirements for FHA and VA construction lending. This makes it easier for you to find qualified professionals and reduces approval obstacles.
- Modular and custom home experience: With the rise of modular homes in rural and semi-rural Pennsylvania, GO Mortgage stands out for its ability to finance these builds under one-time close structures—something many lenders hesitate to do.
- Hands-on guidance from preapproval to close: From loan application to the final draw on construction funds, GO Mortgage provides direct communication, milestone tracking, and support. Their team is trained in the full lifecycle of construction-to-permanent lending.
What loan programs does GO Mortgage offer in PA
| Loan Program | Eligible for One-Time Close? | Highlights for Pennsylvania Borrowers |
| FHA | Yes | Low down payment (3.5%), flexible credit, ideal for first-time homebuyers. Great for rural and suburban builds. |
| VA | Yes | No down payment, no PMI, available to eligible veterans and active-duty service members across PA. |
| USDA | Limited | Available in eligible rural areas. GO Mortgage can assess USDA eligibility by ZIP code. |
| Conventional | Yes | Offers more flexibility for larger budgets or non-standard property types. Higher credit scores required. |
Example scenario: How a Pennsylvania borrower benefits
Case: Building a modular home in York County
Emily and Jason wanted to build a modular home on family-owned land near Red Lion, PA. GO Mortgage helped them:
- Use an FHA one-time close loan with just 3.5% down
- Include land prep and well installation in the loan
- Roll closing costs into the mortgage
- Lock in their 30-year rate before building began
- Coordinate with an approved modular home builder
Their loan closed in 30 days, and they moved into their finished home less than five months later.
What to expect when working with GO Mortgage
- Prequalification: You’ll speak with a construction loan specialist who helps you determine budget, loan type, and eligibility based on income, credit, and property goals.
- Builder coordination: GO Mortgage works with your selected builder to ensure compliance with loan requirements, including draw schedules, inspections, and insurance.
- One closing note: All loan documents are signed upfront. You don’t have to requalify or reclose after construction is complete.
- Permanent loan transition: Once construction is complete and the final inspection is passed, your loan automatically converts to a standard mortgage.
FAQ: One-time close loan lenders in Pennsylvania
Q: Does GO Mortgage offer one-time close loans in rural parts of Pennsylvania?
A: Yes. GO Mortgage provides one-time close construction loans throughout Pennsylvania, including rural areas. They can help assess USDA eligibility and offer FHA and VA options for rural builds.
Q: Can I build a modular home using a one-time close loan from GO Mortgage?
A: Absolutely. GO Mortgage is experienced in financing modular and prefabricated homes under one-time close structures, provided the builder is approved and the home meets permanent foundation standards.
Q: What is the minimum down payment for a one-time close loan with GO Mortgage?
A: It depends on the loan type. FHA loans require as little as 3.5% down. VA loans typically require no down payment for eligible borrowers. Conventional loans vary based on credit and property type.
Q: Does GO Mortgage work with first-time homebuyers?
A: Yes. GO Mortgage frequently works with first-time homebuyers in Pennsylvania and offers guidance throughout the one-time close process. FHA loans are especially well-suited for first-time buyers.
Q: How long does it take to close a one-time close loan in Pennsylvania?
A: With proper documentation and builder cooperation, GO Mortgage can often close one-time close loans within 30–45 days. Timelines may vary based on property type and local permit conditions.
Build with confidence in Pennsylvania
GO Mortgage makes building your dream home in Pennsylvania easier, faster, and more affordable with one-time close construction loans that include land, construction, and permanent financing in one step.
Whether you’re planning a modular home in central PA, a barndominium in the Poconos, or a custom build in the suburbs of Philadelphia, GO Mortgage offers:
- Local expertise
- Multiple loan program options
- Approved builder support
- Single, smooth closing process
Start building smarter today. Get prequalified with GO Mortgage and bring your Pennsylvania dream home to life.