Home construction loans help you finance your new home from the ground up. This page describes the typical Terms for Home Construction Loans, and is the second part of our article that will help you understand all about construction loans and how they work.
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Home Construction Loans
Building a new home or purchasing a home under construction is a big commitment requiring time and money. Fortunately, we offer great solutions for construction loans to help you save both.
If you are planning to build a new home...

The "One-Time-Closing Construction to Permanent Program" is approved and closed before construction begins. You'll save time and money with one closing, one set of closing costs and one construction loan.

Construction Permanent loans are available with fixed-rate or adjustable-rate mortgages. Buyers are charged interest on funds as they are drawn to build during construction.
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