Our construction loans include:

• Flexible programs
• Timely advances to keep your project moving
• Interest only payments during construction
• 24 months for construction

Property types:

• 1–2 family, owner occupied primary residences
• 1 unit second homes
• Rehabilitations, single-family purchase and refinance

Term Options:

• Two-close: 24-month fixed rate interest only term. Upon home completion, the loan will be refinanced by modification to permanent financing (rates/terms determined at that time).
• Single-close: Fixed initial Interest only construction terms of 12 or 24 months that will automatically convert to either a fixed rate or adjustable rate mortgage fully amortizing over the remaining term dependent upon program chosen.