Taking out a construction loan is a lot like having your cake and eating it, too — pay interest only during construction, and when it's finished, roll the remainder of the loan into a mortgage. A one-stop shop from blueprint to move-in.
- Take out a loan to build your dream house
- After construction, turn the loan into a mortgage
- Flexible terms from 10-30 years
- Pay interest only during construction
- No "extra costs"
- No conversion fees
- No inspection fees after closing
- Manage your own construction project
- Local decision-making for faster approvals
- Local service for more attention and flexibility