Construction Loans

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From lot financing to construction loans to end mortgages, we can help you get a very competitive interest rate. We also provide superior service to ensure that you are completely satisfied. Here is a summary of our Construction Financing programs:

Lot Financing Program

  • Standard Financing—For those of you who prefer to invest your cash in the lot at the time of closing, but who do not wish to pledge assets beyond the lot, we will lend you up to 65% of the appraised value of the lot or purchase price, whichever is less at the time of closing. Contact a loan officer for details on unimproved property.
  • Interest Rate—Your interest rate will reflect the loan structure that you choose from the two above described options. Either way, your interest rate will be very competitive. Please see the bank for rate and additional information.
  • Term—We will be flexible with your loan term needs.
  • Principal—We will bill you at maturity for the loan's principal. You can, however, prepay the principal without penalty, at any time.
  • Contact a loan officer for further details.

Construction Financing Program

  • 100% Financing Alternative—Similar to the lot financing choice, we will finance up to 100% of your new construction cost if you pledge assets in addition to the lot/home package. This allows you to keep your cash invested and working for you while the cost to borrow money is still a good deal.
  • Standard Financing—We will lend you up to 80% of the appraised completion value of the lot/home package or cost, whichever is less.
  • Interest Rate—We assure you that our interest rates are competitve. Please see the bank for rate and additional information.
  • Fees—There will be a title company lien waiver exam fee (this protects you and us from contractor liens), an appraisal fee, and customary recording costs. Other fees may apply.
  • Term—We will structure your loan term to meet the timing needs of your particular project.
  • Contact a loan officer for further details.

End Mortgage Loan

Your home is a significant investment. Mortgage choices are dizzying these days. We want you to feel comfortable with your home financing arrangement. Our end mortgage loan alternatives are designed to meet your individual financial situation. For more information, contact our Residential Mortgage Lender.

Please download our construction/lot loan application form fill it out completely and mail, fax or drop it off at the bank.