Home Construction Loan
There’s only one surefire way to get all your must-haves in a home – and you’re looking at it.
- Competitively low rates for your home construction project
- Available for primary residence or second home construction
- Provides more convenience, especially toward the end of the construction phase and the beginning of permanent mortgage
- Pay off interest quicker; payments are interest-only during construction phase
- Payments are made on the amount drawn on your loan sufficient to pay your builder. Construction draws applied in stages based on work completed and should be paid to builder based available funds of construction loan.
- Construction draws applied in stages based on work completed
- Helpful loan advisors with working knowledge of the real estate market
- Easy application process
- Local decision-making and processing
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