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NEW HOME CONSTRUCTION

RATES AS LOW AS

4.99%

APR*

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APR is determined by credit score using a tiered pricing program to allow as many members as possible to obtain financing.
*annual percentage rate

Local Loans • Local Payments • Local Service

It's How We do Business

We Dig What You Have Planned

Our Construction Loans for projects over $35,000 come with an impressive list of benefits:

  • No limits on the number of draws
  • General contractor is not required
  • No fee for draws (requires $500 minimum reimbursements)
  • Only pay interest on loan amount advanced during construction
  • 12 month loan term
  • Multiple options for permanent financing once construction project is complete
  • Local control of construction and local loan servicing of the permanent loan 
  • Work with your same Mortgage Loan Officer from the start of construction through the end of financing
  • Work with on-site staff to disperse and track loan funds

 

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NEED ASSISTANCE?

We can help:

ReviewBids

Review Bids

Assess

Assess Plans to Ensure Items are Not Omitted

FollowThroughProcess

Follow You Step by Step Through Your Project 

Funds

Work with Your Loan Officer to Disperse and Track Loan Funds

MonitorExpenses

Monitor Expenses to Avoid Overages

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Construction Loan Basics

Your Home is What You Make It

A construction loan is short-term financing for building a house, encompassing costs from land acquisition to labor and materials. It can cover contingencies and interest during construction.

How it works

Local Personalized Solutions

Offering flexibility to finance materials, labor, and land acquisition, these loans last 12 to 18 months and can evolve into standard mortgages post-construction. Enjoy seamless collaboration with your mortgage loan officer from start to finish, with multiple permanent financing options once your project completes.

Have Questions?
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