The Lowdown on Construction Loans......

The Lowdown on HARP Loans

Finance Your New Home Build With Flexible Draw-Based Funding

Construction loans provide financing to build a new home from the ground up. Unlike traditional mortgages that disburse funds at closing, construction loans release money in stages as your home is built. You typically pay interest only on the amount disbursed during construction, then convert to a permanent mortgage once the home is complete.

Whether you’re building your dream primary residence or a custom property, construction financing makes it possible to create a home exactly to your specifications. Work with a builder of your choice on land you own or are purchasing, and watch your vision become reality.

We’re here to make the construction loan process easier, with tools and expertise to guide you along the way, starting with our no-cost Construction Loan Qualifier.

Key Benefits:

  • Build your dream home customized to your exact preferences
  • Interest-only payments during the construction phase lower initial costs
  • Single-close construction-to-permanent loans save time and money
  • Lock your permanent mortgage rate at initial closing

The Construction Loan Process

Here’s how our construction loan process works:

  1. Secure land, select a licensed builder, and develop detailed construction plans with itemized budget
  2. Submit your application with financial documents, construction plans, builder information, and project timeline
  3. Complete appraisal based on projected value of finished home and lender underwriting review
  4. Close on your construction loan and begin building with funds released according to draw schedule
I Want My No-Cost Construction Loan Quote

Your Home Loan Could Be Fully Funded 30 Days From Now

  • Fixed-Rate Mortgage

    Fixed-Rate
    Mortgage

  • Adjustable Rates (ARM)

    Adjustable Rates
    (ARM)

  • Conforming Loans

    Conforming
    Loans

  • Jumbo & Super Jumbo Loans

    Jumbo & Super
    Jumbo Loans

  • FHA, VA, & USDA Loans

    FHA, VA, &
    USDA Loans

  • Terms from 5 to 30 Years

    Terms from
    5 to 30 Years

I Want My No-Cost Construction Loan Quote

Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below:

I Want My No-Cost Construction Loan Quote