Whether you want to build a new house, add on a new wing to accommodate a growing family or finish that in-law apartment, we have specific construction loans to make your dreams a reality.
Construction loans are story loans. This
means that we, as the lender, want to know the story behind
the planned construction. Because it’s a story loan, it’s
not standardized like mortgage loans with federal
guidelines. Construction loans typically require
interest-only payments during construction and become due
upon completion. Completion for homeowners means that the
house has its certificate of occupancy.
We offer both fixed and variable rate options. Call or
come by to talk with one of our Loan Specialists to get
questions about your construction project financing
answered. Or you can apply online in just a few minutes.
