Construction Loans

Build new. Full funding.

Construction Loans provide funding to build a new home from the ground up, covering costs throughout the construction process with flexible terms.

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Construction Loans

features

01

Customized Financing

Loans are structured to match the building phases of your project, ensuring funds are available as needed.

02

Interest-Only Payments

During construction, payments are typically interest only, helping to manage costs while building.

03

Loan Conversion Options

Once construction is complete, you may convert the loan into a traditional mortgage, simplifying the transition.

04

Flexible Terms

Choose from various loan term options to fit your financial situation and project timeline.

Construction Loans

Benefits

Tailored Budget Control

Ensure funds are allocated precisely where they’re needed during each phase of construction.

Potential for Increased Equity

Building a new home can lead to immediate equity gains, as the value of the completed home may exceed the total cost of construction.

Enhanced Future Value

Building a custom home that incorporates high-quality materials and modern features can enhance the property's resale value and appeal.

Tax Benefits

In some cases, interest paid on a construction loan may be tax-deductible, similar to a traditional mortgage, offering potential financial advantages.

FAQs

How long does a construction loan process take?
What documents are needed for a construction loan?
Do construction loans require an appraisal?
Who qualifies for a construction loan?
What is a construction loan?

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