Construction Loans
Finance your dream home from the ground up with flexible construction financing
Understanding Construction Loans
A construction loan is a short-term loan used to finance the building of a new home or major renovation project. These loans typically convert to a permanent mortgage once construction is complete.
Key Features:
- Interest-only payments during construction
- Draws disbursed as construction progresses
- Converts to permanent financing
- Flexible terms and options
- Builder approval process
Loan Types:
- Construction-to-Permanent loans
- Construction-Only loans
- Renovation construction loans
- Owner-builder construction loans
Did You Know?
Construction-to-permanent loans require only one closing, saving you time and money on closing costs.
6-12
Month Term
Construction period
20%
Down Payment
Typical minimum
One
Closing
For construction-to-permanent
Draw
Schedule
Progress-based funding
Ready to Get Started?
Our construction loan experts are here to help you build your dream home.
Free consultation available