Home Construction Loan or Renovation Financing
A mortgage loan to cover the cost of constructing a new home on the borrower’s own land or on land that is being purchased. At the end of construction the loan can be modified into a permanent mortgage.
Residential Construction Loan Options for Building or Renovating
Construction Loan
- A 12 month interest only mortgage loan to cover the cost of constructing a new home on the borrower’s own land or on land that is being purchased. At the end of construction, the loan converts to a permanent mortgage product.
Renovation Loan (Purchase)
- A 12 month interest only mortgage loan to purchase and renovate. At the end of construction, the loan converts to a permanent mortgage product.
Renovation Loan (Refinance)
- A 12 month interest only construction loan to cover the cost to renovate the borrower's current home. At the end of construction, the loan converts to a permanent mortgage product.
Local Mortgage Lenders
Our team of dedicated mortgage loan originators will walk you through the process of purchasing, refinancing or building your home. We want you to feel comfortable and confident in all decisions, so please reach out with questions.
Explore a variety of mortgage calculator tools to help you plan for your future.
Frequently Asked Questions
How long will it take to qualify for a home mortgage loan?
In most cases, you will have a preliminary decision within 24 hours.
What Information is needed at application?
- Photo ID
- Most recent YTD pay statement
- Two months most recent bank statements (include all pages)
- Two months most recent IRA/401K account statements (include all pages)
- Most recent 2 years W-2s
- Two years most recent tax returns (include all pages)
- Sales contract if purchasing or copy of deed if refinancing
How much does it cost to pre-qualify?
No fee for pre-qualifications
How do your rates compare to other lenders?
Rates and terms are reviewed every day to ensure competitiveness.
How do I apply?
You can complete the online application under a loan officer of your choice or you can call and set up an appointment or speak to a Loan Officer over the phone who will be happy to assist you.
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