Personal Loans

Construction Loans

Building your home from the ground up can be extremely rewarding — but it can also come with a set of headaches. Ease some of the stress with a construction loan that finances your building project at low rates.

Only pay interest during the construction phase, plus customize terms to pay off your loan quicker so you can enjoy your new home.

Summary
  • Competitively low rates for your home construction project
  • Available for primary residence or second home construction
  • Provides more convenience, especially toward the end of the construction phase and the beginning of permanent mortgage
  • Pay off interest quicker; payments are interest-only during construction phase
  • Payments are made on the amount drawn on your loan sufficient to pay your builder
  • Construction draws applied in stages based on work completed
  • Local decision-making and processing by lenders you can trust
  • Helpful, customized service throughout the entire process