Construction loans provide funds during the construction phase of a new home. Construction Loans close prior to the home's completion and feature a construction/draw phase to fund the construction process. Homeowners make interest-only payments (most of the time) on the funds disbursed during construction. Upon completion of the home you will have to refinance to a permanent loan or an "end" loan.

We also have available construction to permanent loans where the refinance is not necessary because it will be modified into the loan program of your choice (must qualify):

Fixed Loan

Arm Loan

Option Arm Loan

40 Year Term Loan