Sandy’s new construction market is concentrated in the city’s southern growth corridor near the Draper border — where national builders are delivering modern, energy-efficient floor plans with mountain views and Canyons School District access, at price points that attract Salt Lake County move-up buyers from across the valley. At the same time, Sandy’s canyon-adjacent eastern edge offers a smaller but prestigious custom build market: larger parcels near Little Cottonwood Canyon where buyers who want something truly distinctive commission homes designed around the views, the setting, and their own vision. For buyers in either segment, a One-Time Close Construction Loan is the most efficient financing tool available: one closing, one rate lock, and automatic conversion to permanent financing when your home is complete.
A One-Time Close Construction Loan — sometimes called a Construction-to-Permanent loan — combines three phases of financing into a single loan product:
Land or Lot Acquisition — Financing for your home site within a Sandy new construction community or on a standalone parcel
Construction Phase — Draw-based financing released as your builder hits defined milestones throughout the build
Permanent Mortgage — Automatic conversion to your long-term home loan at completion — no second closing, no re-qualification, no additional closing costs
Unlike traditional two-close construction financing, a One-Time Close loan locks your interest rate at origination — protecting you from rate movement during a build that may take 6 to 12 months — and eliminates the administrative burden and cost of a second closing.
Key Features:
Single closing — one set of closing costs
Rate locked at origination for the life of the loan
Interest-only payments during construction phase
Automatic conversion to permanent financing at completion
Works with all licensed Sandy and Salt Lake County builders
Available at Jumbo-level amounts for upper-tier builds
30–45 day closing timeline for qualified borrowers pre-construction
For builds in the $400K-$806,500 range — covering the majority of Sandy's production new construction market
Fixed or adjustable permanent rate options
Works with all active Sandy and Salt Lake County production builders
Physician-friendly versions available with 0-5% down and no PMI
For builds above $806,500 — canyon-adjacent custom homes, premium south Sandy new construction, and upper-tier builds near the Draper border
Portfolio and non-QM options for complex income profiles
Financing aligned with premium new construction timelines
For buyers working with a licensed custom builder on a canyon-adjacent parcel, larger lot, or hillside site
Covers land purchase and construction in a single transaction
Suited to homes designed around Little Cottonwood Canyon views and the Alta Canyon corridor
South Sandy Production Builders — The growth corridor near Sandy's boundary with Draper is home to active national and regional builder production, delivering modern floor plans with three-car garages, premium kitchen packages, and access to Canyons School District's top-rated schools. These communities serve move-up buyers and offer base pricing that approaches the conforming limit for fully configured homes — making Jumbo One-Time Close options relevant for buyers who want the best available floor plan and lot.communities. Ivory Homes has a strong track record and a well-established One-Time Close construction financing process that works seamlessly with purchase financing.
Canyon-Adjacent Custom Builds — Sandy's eastern edge near the mouth of Little Cottonwood Canyon offers a small but premium custom build market. Buyers who acquire parcels in or near the Alta Canyon corridor can commission custom homes designed specifically for the canyon setting — with vaulted ceilings oriented to mountain views, outdoor living spaces suited to the terrain, and finishes that match a truly bespoke living environment. These builds routinely exceed $1M in total cost and are well-suited to Jumbo One-Time Close programs.
Infill and Teardown Rebuilds — Sandy's established neighborhoods — particularly in mid-Sandy and the Copperview area — see a consistent stream of teardown-rebuild activity as buyers acquire older homes on desirable lots and build new construction that reflects current design standards. One-Time Close programs accommodate these infill builds within existing neighborhood footprints.
Salt Lake County Adjacent Communities — Buyers whose lives center on Sandy often consider immediately adjacent Draper and Cottonwood Heights for new construction. One-Time Close programs cover builder activity throughout Salt Lake County.
Experienced in One-Time Close Construction financing with production and custom builders throughout Salt Lake County
Physician One-Time Close programs available for residents and new attendings building in the city
Knowledge of Sandy's canyon-adjacent parcel landscape, south Sandy production builder communities, and custom build requirements
Single point of contact from lot selection through move-in
20+ years of experience — NMLS #235295
Qualified Builder Required — Your builder must be licensed, insured, and approved through the loan underwriting process. All major national builders active in Sandy and south Salt Lake County are readily approvable; custom builders require additional credentialing documentation.
Construction Plans and Budget — Production builder purchases are straightforward — the builder's standard contract and specifications typically satisfy lender documentation requirements. Custom builds require full plans, permits, and a detailed budget.
Strong Borrower Profile — Income, credit, and reserve requirements are similar to a standard conforming or Jumbo purchase loan, depending on the build size.
Realistic Timeline — Production homes in Salt Lake County typically run 6-10 months. Custom canyon-adjacent builds may run 10-18 months depending on scope and permitting. One-Time Close programs are structured for both.
Pre-Qualification — Review your income, assets, builder, and community to identify the right program.
Builder Approval — Your Sandy builder is reviewed and approved as part of underwriting. Production builders require minimal additional documentation; custom builders provide license, insurance, and project plans.
Single Closing — One closing covers lot, construction financing, and permanent loan — before a single foundation is poured.
Construction Draws — Funds released as your builder reaches milestones. I coordinate with the builder throughout.
Completion & Conversion — Your loan converts automatically at completion. No second closing. No re-qualification.
Yes. The Custom Build One-Time Close program is designed for exactly this scenario — covering land acquisition and custom construction in a single loan with one closing and a rate locked at origination.
A traditional construction loan requires two closings — one before construction and one at completion — each with its own costs and qualification process. A One-Time Close loan eliminates the second closing, locks your permanent rate upfront, and converts automatically at completion.
Yes. Physician One-Time Close programs are available — allowing qualifying medical professionals to build a new home in Sandy with as little as 0-5% down and no PMI, even on construction loan amounts.
Yes. Jumbo One-Time Close programs cover custom builds and upper-tier new construction above $806,500 in Salt Lake County, with portfolio and non-QM options for complex income profiles.
Building your new home in Sandy starts here. Let’s talk through your builder, your site, and your timeline.
Originally from Harrisburg, Pennsylvania, I moved to Phoenix to attend Arizona State University and have proudly called Phoenix home ever since.
My journey into the mortgage industry began with a friend’s encouragement, who saw how my energy and people-first mindset could make a difference. He was right — I found my calling.
I’ve always embraced what makes me different. With ADHD as my secret weapon, I thrive in fast-paced, detail-heavy environments. I’ve built my career on clear communication, creative problem-solving, and putting clients first, always.
Outside of work, my greatest motivation is my wife and three amazing kids. I’d be honored to help guide you through your lending journey with care, clarity, and commitment.
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