The All in One Construction Loan will roll into a permanent mortgage loan after the constructon phase has been completed. Pay interest only payments during the construction phase on the amount used for the construction of your home. The permanent mortgage can be a fixed rate or and adjustable rate, the choice is yours. This is the perfect loan program with competitive rates for building your dream home or your vacaiton home. Once construction is complete, there is no need to apply for another loan saving you time and money.