Construction
Construction Loans. Get Your Free Rate Quote
Building a home can be one of the biggest decisions you make and there are so many reasons to build your next family home.
New construction comes with a lot of questions and decisions. We make the loan process a breeze with our dedicated team and Home Loan Advisers who will work with you on individualized strategies for financing.
We start you on the right path by giving you an idea of what to expect.
A Home Loan Adviser will help you figure out your budget. They will ask you for documents, pull your credit, go over your financial qualifications, and talk about loan options.
We offer a Two-time Close Construction Loan. This means that you’ll have one loan to pay for the construction, then as construction nears completion, you’ll get a second loan to pay off the construction loan and become your permanent financing.
The payments on the construction loan are interest only, and you can choose to make monthly payments or build them into your loan. Your permanent financing is a traditional loan, where you make principal and interest payments monthly just like any other mortgage.