If you are planning to build a custom home from the ground up, we are here to help. Plus, you can't beat our very low interest rates!
A Construction Mortgage is a loan borrowed to finance the construction of a home and typically only interest is paid during the construction period. Once the construction is over, the loan amount becomes due and it becomes a normal mortgage. The money is advanced incrementally during construction, as construction progresses.
With this type of loan you can benefit from:
- Great rates
- As low as $0 down required
- Upfront underwriting on permanent financing - no surprises
- Construction to permanent financing all under one roof