Construction Loans
Take control of your own build.
If finding the home of your dreams has been a challenge, have you considered new construction? Build a home to your unique specifications with a construction loan!
- 12-month construction phase
- Interest-only payments during construction
- Fixed interest rate
- Converts to a traditional mortgage at the end of construction
- Only one closing, saving you time and money!
Purchase + Improvement Loans
Buy that fixer-upper!
You found the perfect home that has almost everything you want, but it needs a little work. Purchase + Improvement loans make it easy for you to buy the home and complete the renovations all with one loan!
- Finance an existing 1-4 family residence
- Cost of improvement must be 10% or less of the current appraised value or $25,000, whichever is greater