Home Construction Loan

Personalize your home with a construction loan, ideal for building a new home or modifying an existing one. With our one-close option you save money by financing the construction and the mortgage as one transaction. Start your customized building or remodeling today.

Apply here | Construction loan

Today's Construction Loan rates

Flexible terms of 30, 20 and 15 years.

Benefits of our home construction financing

  • Save thousands in low fees.

  • Down payment assistance available.

  • Smaller monthly payments in the beginning. You pay only the interest during construction.

  • Local loan service: talk to a person and make your payments locally.

  • Combined construction and traditional mortgage loan in one closing saves money.

  • Down payment as low as 20%. If you own the land, your land may be used towards your 20% down payment.

$500 off lender fees

The $500 reduction off lenders fees is valid for Premier Members. This offer is not valid for Short Term Second Lien Home Equity Loans. See a Mortgage Loan Officer for further details and how to qualify for Premier Membership.

Choose from these builders

Here's an example of home Construction Loan terms

Loan example: On a 30-year construction loan of $180,000 and an estimated property value of $240,000 at 4.04% APR (interest rate 4.00%), there would be interest-only payments during the construction period, with monthly payments of $859.35 for the permanent loan period. Qualification is based on credit profile, loan-to-value ratio, and loan term. Rate is based on specific product type chosen. An escrow (impound) account may be required for taxes and insurance and will increase the amount of the monthly payment. All loans subject to approval.

Apply now for home construction financing

Apply here | Construction loan

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