The ideal home is the one you build yourself. Open a construction loan and start breaking ground.
Key Features
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Competitive Rates
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Quick Decisions
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Local Processing
Competitive Rates
Quick Decisions
Local Processing
Details
- Competitive 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