Construction loans
While most homes are dream homes, some dreams are more unique than others. Our single close construction loans allow you to finance the construction costs with a loan that converts to permanent financing. You save money by financing both with only one set of closing costs and fees.
Conforming Construction Loan | Key Features
For loan amounts up to $806,500
Down payments as low as 5%
Construction loans require a builder and project review
No post construction requalification as long as credit and income documents are less than 12mo old.
9 or 12 month construction periods available
Interest only payments during the construction period
Various term fixed rate and adjustable rate options available
Simple, flexible draw process
Can be used for renovations on existing homes
