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What is a Construction Loan?

Let us help you build your dream home! Our mortgage professionals will guide you along the way. We offer construction loans with a one-time closing process which smoothly transitions over to permanent financing.

  • With a construction loan you will make interest only payments on the amount of money borrowed during the first six months of construction.
  • After construction, the loan will be converted into a regular mortgage loan.
  • Construction loans usually require specialized insurance on the building site in the event of fire, theft or any other destructive accident or disaster.

Should You Choose a Construction Loan?

Does a construction loan make sense for your financial situation? Talk to one of our Mortgage Lending professionals* and make sure you’re getting the mortgage that best fits you and your goals. That’s what we’re here for!

800-272-6003 ext. 1474

*We’re able to provide Mortgage Lending Services in the following states: OH, WV, SC, NC, FL, TX and PA.
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Main Phone: (800) 272-6003

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