Construction to Permanent Mortgages

The right mortgage for building your new home.

With only one closing for both the construction and permanent financing, a construction-to-permanent mortgage saves you time, effort and money. And, because we provide the funds to your builder locally, while your home is under construction, it allows for a faster, more efficient process to get your dream home completed.

Features

• Interest-only payments throughout the construction phase.

• Up to 12-month construction terms available.

• Land purchase can be included in the loan amount.

• As little as 10% down payment.

• Closing costs may be included in the loan amount.

• A variety of fixed or adjustable rates available.

• Take advantage of the lower rates after construction is complete with our Rate Cap Guarantee and Float-Down option.

• Loan amount may be increased or decreased after closing.