A construction loan is a great way to help build your dream home. These loans are short-term, and they provide financing during the construction of a new home.
Construction loans require a qualified builder completing the construction, and you'll want to have a detailed building plan created before you apply.
Construction Loans Offer:
- Short-term financing during construction of new home
- Fixed interest rates
Construction Loans are Ideal for:
- Individuals looking to build a new home
- Individuals with a large down payment saved
- Individuals with a strong credit history
If you're looking to purchase a home and wondering if a construction loan is the best option for you, we can help. Click the link below to contact our mortgage department.