Compare construction lenders, home builders, architects, and insurance policies
Everything you need to build or renovate a home, in one place. Compare construction-to-permanent lenders in your state, learn what to look for in a builder and an architect, and protect your project with builders risk insurance.
Find construction lenders, builders, and more
The path
Lot to keys, in six stops
My Construction Path is a roadmap, not a pile of products. Start anywhere — each stop still has to line up with the rest of the file.
Building a home starts long before the foundation is poured. You need a lot, a set of plans a lender can underwrite, a builder the lender will approve, builders risk insurance, and a loan that carries you from the first draw to move-in day. My Construction Path puts those pieces in one place, so you can see the whole route before you commit to any part of it.
One loan from groundbreaking to move-in. A construction-to-permanent loan covers the build and then converts to a standard mortgage once the home is finished. You close once instead of twice. Our lender list shows published construction-to-permanent programs from national and regional lenders, who each program fits, and where each one lends. Pick your state and connect with a lender who works with projects like yours.
Programs for different situations. Some buyers are building on land they already own. Others are veterans looking at VA construction programs, first-time buyers comparing FHA one-time close, or buyers with larger projects who need a jumbo construction program. Our guides explain how each option works, what lenders usually ask for, and the questions to raise before you apply.
Builders, plans, and insurance that fit the loan. Lenders review your builder and your plans as closely as they review you. Browse builders, architects, and house plans that construction lenders can underwrite, and learn how builders risk insurance works so your project is covered from the start.
Plain-language guides by state. Our state guides cover construction lending in these places. Each one covers local permitting, how draws are handled, and the lenders active in that state.
- Florida Construction Loan Guide
- North Carolina Construction Loan Guide
- South Carolina Construction Loan Guide
- Virginia Construction Loan Guide
- Washington DC Construction Loan Guide
- New York Construction Loan Guide
- New Jersey Construction Loan Guide
- Pennsylvania Construction Loan Guide
- Maine Construction Loan Guide
- New Hampshire Construction Loan Guide
- Vermont Construction Loan Guide
- Massachusetts Construction Loan Guide
- Rhode Island Construction Loan Guide
- Connecticut Construction Loan Guide
- California Construction Loan Guide (lenders guide; no requirements guide published yet)
- All state construction loan guides
Tools before you talk to anyone. Use our calculators to sketch your project budget and insurance needs, then read the questions and answers section for the issues buyers raise most often.
When you’re ready, tell us where you’re building and what you’re building. We’ll connect you with construction lenders who serve your area. There’s no obligation, and this is not an offer of credit. Every lender sets its own approval standards.
Last updated: . Reviewed by the My Construction Path editorial team.
Common questions
- What is a construction-to-permanent loan?
- A construction-to-permanent loan is a single mortgage that pays for building your home in stages and then becomes your regular mortgage when the home is finished. Fannie Mae's Selling Guide calls this a single-closing transaction, because the construction loan and the permanent financing close at the same time.Read more: Construction-to-permanent loans
- What do I need before I apply?
- Most lenders want a builder they can approve, plans and specifications, a signed construction contract with a cost breakdown, and your usual income, asset, and credit documents. If you already own the lot, bring the deed and any survey.Read more: Builder checklist · Plans and specs
- How long does a custom home take to build?
- A custom home takes an average of 10.5 months to build. U.S. Census Bureau data show a single-family home built by a general contractor on the owner's land took an average of 10.5 months from start to completion in 2025 (as of the 2025 annual data). Your timeline depends on your builder, permits, weather, and site work.Read more: Build timeline calculator
- How do I compare offers from different lenders?
- Ask each lender for a Loan Estimate. The Consumer Financial Protection Bureau says lenders must provide one within three business days of your application, and all lenders use the same standard form, so you can compare them line by line.
- Does My Construction Path lend money?
- No. My Construction Path is not a lender and does not make credit decisions. We publish guides and calculators and can connect you with construction lenders, who set their own requirements.Read more: Editorial policy
What the official guidance says
These are the agencies’ own words, quoted exactly. Keep in mind that lenders can add stricter requirements of their own.
“Single-closing transactions may be used for both the construction loan and the permanent financing if the borrower wants to close on both the construction loan and the permanent financing at the same time.”
“The lender must provide you a Loan Estimate within three business days of receiving your application.”
For a sense of scale, U.S. Census Bureau figures show that a single-family home built by a general contractor on the owner’s land took an average of 10.5 months from start to completion in 2025 (U.S. Census Bureau, New Residential Construction: Length of Time; figures as of the 2025 annual data, checked November 2, 2026).
Read the originals
- Fannie Mae Selling Guide B5-3.1-02, Single-Closing Transactions (accessed November 2, 2026)
- CFPB, What is a Loan Estimate? (accessed November 2, 2026)
- U.S. Census Bureau, New Residential Construction: Length of Time (accessed November 2, 2026)
Loans
Construction-to-permanent mortgages
Compare one-time close lenders: Flagstar, Waterstone, U.S. Bank, and TD Bank.
- One close — converts at occupancy
- Licensed builder required
- Land you already own may help your application. Ask your lender how they treat it.