Home Construction Loans
Whether you’re looking to build a new home, second home or planning a major remodel, our Mortgage specialists will help you plan, organize and guide you every step of the way, from application to closing and beyond.
The financing process doesn't have to be complex - we can help.
- Designed for a 1-4 family owned & occupied the residence or single family second home
- May be used to pay off an existing land loan or for new construction
- Single underwriting process that combines construction and permanent financing together
- Borrow up to 95% loan-to-value (all loans over 80% loan-to-value requires mortgage insurance)
- Enjoy a single, fixed-rate mortgage with no change in interest rate
- Interest only payments during the 9 month construction period
- Monthly construction draws are in accordance with completed work - keeping your projects on time and on schedule