Whether you’re building from the ground up or just adding a room to the ground floor, finance your plans through us.
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
Subject to credit and underwriting approval. Property insurance is required. Consult your tax advisor for deductibility.