Are you looking to build?

If you're dreaming of building your own home, a construction loan might be the perfect fit. Unlike a traditional mortgage for an existing home, construction loans are designed to finance the building process from foundation to finish. Whether you're planning a custom build on a vacant lot or working with a builder in a new development, we offer multiple construction loan options to suit your situation.

A construction loan is a short-term, interim financing option used to pay for the construction of a new home. Funds are disbursed in stages—called "draws"—as the work is completed, and interest is only paid on the disbursed amount during the construction period.

Once the home is finished, the loan typically converts to a permanent mortgage or is paid off by a new mortgage.

We offer both One-Time Close and Two-Time Close options, giving you flexibility based on your timeline, budget, and builder needs.

• Combines construction and permanent financing into one loan and one closing.
• Lock in your interest rate before construction begins.
• Simpler process with fewer closing costs.
• Available for Conventional, FHA, VA, and USDA loan programs.

• First loan covers the construction period.
• Second loan is a new mortgage once the home is complete.
• Offers flexibility if plans or budgets change.
• May be preferred for complex projects or custom builds.

We can structure construction financing under all major loan types, depending on your qualifications and home goals:

• Great for borrowers with strong credit and down payment.
• Available in both one-time and two-time close.
• May offer higher loan limits than government-backed options.

• Ideal for borrowers with lower credit scores or limited savings.
• Only 3.5% down payment required.
• One-time close simplifies the process.
• Great for first-time homebuyers.

• For eligible veterans and active-duty service members.
• Zero down payment required.
• One-time close available.
• No private mortgage insurance (PMI) required.

• For building in eligible rural or suburban areas.
• Zero down payment.
• Must meet income and location guidelines.
• One-time close options available.

• Build your dream home to your specifications.
• Control over design, materials, and location.
• Pay interest only during construction.
• Lock in your rate early with a one-time close.
• Consolidate costs with land purchase included.

• Detailed construction plans and builder contract.
• Builder must be licensed and approved by the lender.
• Down payment (varies by loan type).
• Satisfactory credit, income, and debt-to-income ratio.

Whether you're a first-time homebuyer building from the ground up or a seasoned homeowner planning your forever home, we can walk you through the process from land purchase to move-in.