Let’s build your dream home together.

A construction loan is a non-revolving, short term line of credit up to a specified dollar amount that will be used to reimburse the builder for work completed on your home. The builder will send you invoices during stages of construction that you will submit to the bank with your approval to pay. The bank will verify that the work on the home has been completed, then make a draw on the loan to pay the invoices. After your home is complete, the construction loan will be paid off with permanent financing.

Construction loans are considered short-term financing with a maturity date not to exceed 12 months. After your home is complete, the construction loan will be paid off with permanent financing.

The construction loan rates are tiered based on credit score. Please contact one of our construction loan specialists for today’s rates.

You will make monthly interest only payments on what you have borrowed.

Yes, it is possible, as long as the loan amount requested still has sufficient equity to meet the banks loan-to-value guideline requirements.

Yes! The first draw on the construction loan will be to purchase the land. Don’t forget to include the price of the land in your construction cost estimate.

We do not offer it at this time.

• House plans and specifications

• Construction cost estimate & Budget

• Builder’s contract, signed by all parties

• Deed (if you already own the land/lot you are building on)

• Purchase contract (if you are purchasing the land/lot you are building on)

• Current paystubs for the last 30 days

• Current bank statements for the last 30 days

• Two years of your most recently filed tax returns (including any schedules, statements and K-1’s)

• Two years of W-2’s

• Personal Financial Statement

*This is not a comprehensive list. Additional documents could be requested once underwriting begins.

• Experienced, local lenders

• Attentive, detailed service from start to finish

• Competitive rates