If you are considering constructing a property for your primary or secondary residence, our construction permanent mortgage may be right for you. This mortgage allows for a construction period of up to twelve months and funds are released based on a construction schedule.
Product features:
- Interest-only payments on the amount of money disbursed during the construction period
- One closing for the construction and permanent financing
- A percentage of land value may release at closing
- Financing with or without Private Mortgage Insurance is available based on loan-to-value (LTV)
- Financing available for modular homes
Watch our construction loan video below. We’ll guide you step by step through the entire construction financing process in simple terms.
We're here to help with all your home financing solutions.
Body Text Example Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum.