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Converting my Lot Loan to an OTC Loan
Your NCM construction loan specialists will guide you through the process of converting your lot loan to a construction loan. In fact, borrowers that close an OTC loan with NCM within 18 months of lot loan closing may be eligible for a full or partial credit of their loan origination fee. Check with your loan representative for current programs.
Your lot loan will be paid off at the closing of your OTC loan.
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