Construction Loans: Build your Dream Home with Confidence

When it comes to building a home from the ground up, the right financing makes all the difference. Our construction loans provide the flexible, short-term funding you need to turn your vision into reality.

What is a Construction Loan? 

A construction loan is a specialized form of financing designed to cover the costs associated with building a home or property. Unlike traditional mortgages, which finance the purchase of an existing home, construction loans are tailored to fund the various stages of a construction project — from purchasing land to laying the foundation and finishing the build.

How Do Construction Loans Work?

• Short-Term Financing: These loans typically last 12–18 months, providing the funds needed during the construction phase.
• Draw Schedule: Funds are released in stages as specific milestones are completed, such as site preparation, framing, and roofing.
• Interest-Only Payments: During construction, you often only pay interest on the amount drawn, helping manage costs while the project is underway.
• Conversion Options: Once construction is complete, you can either pay off the loan or convert it into a traditional mortgage with long-term financing.

Benefits of Our Construction Loans

• Flexible Funding: Access the money you need when you need it, with a structured draw schedule.
• Tailored Terms: Our loan specialists work with you to create terms that align with your budget and timeline.
• Expert Guidance: From application to final draw, our team supports you every step of the way.

Is a Construction Loan Right for You?

A construction loan is ideal if:

• You’re building a custom home or undertaking a significant renovation.
• You need short-term financing before securing a traditional mortgage.
• You want a financing option that aligns with your project’s stages and budget.

Ready to start building? Contact us today to learn more about our construction loan options and take the first step toward your dream home.

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