Construction Loans
New Construction, Renovation or Shed Financing
Are you looking to build your dream home or cabin? Or maybe you’re considering a large renovation project to your existing home? Or even constructing a large shed on your property? Whatever your construction dream, our team of experts can help make it happen!
5.99%* (7.32% APR)
Only 5% Down
Zero origination fees
Interest-only payments during construction
With a construction loan, you’ll have a building period up to 9 months during which time you only pay the interest on your loan. Once your construction project is finished, the loan converts to a conventional fixed-rate or jumbo adjustable-rate mortgage.
Want to manage your own construction? We allow the owner to self-general their construction project!**
Contact a mortgage lender for more information, or apply now and someone will reach out to you shortly.
*5.99% Rate has an Annual Percentage Rate (APR) of 7.32% based on a $350,000 loan.
**Self-general projects are subject to a 1% origination fee and have a rate of 7.99% with APR of 9.047% based on a $350,000 loan.
Rates effective as of 4/5/23, are subject to change, and can be discontinued without notice.
Loans are conditional on credit approval and completed appraisal. Property and flood insurance required where applicable.
For current rates and payment examples, please visit our Mortgage Rate Webpage.
**Self-general projects are subject to a 1% origination fee and have a rate of 7.99% with APR of 9.047% based on a $350,000 loan.
Rates effective as of 4/5/23, are subject to change, and can be discontinued without notice.
Loans are conditional on credit approval and completed appraisal. Property and flood insurance required where applicable.
For current rates and payment examples, please visit our Mortgage Rate Webpage.