Are you ready to build your dream home? A construction loan can help bring your goal of the perfect home to life. Construction loans work a little differently than traditional mortgages. Instead of the money being paid to you, the borrower, the money is dispersed in phases to the project contractor as milestones are reached. Just like a regular mortgage, however, you should go through pre-qualification before you begin planning your build.

Rates

Key Features

  • Single Closing, 12-Month Interest-Only Payments
  • Competitive Rates
  • Worry-Free Disbursements
  • Flexible terms
  • Competitive rates
  • Finance up to 80% of completed value of home
  • 12-month interest-only payments
  • Worry-free disbursements to contractor
  • Single closing
  • Online payments & account management