Construction/Rehab

Construction and Renovation Loans

As a local bank, growth in our communities is important to us. Building a new home or renovating an existing residence can be a complex undertaking. Let our experienced and local loan officers help ease the financing process.

Construction Features

  • Down Payment as low as 5%
  • One Time Closing
  • Interest Only Payments during Construction
  • Rate is locked before construction begins
  • Equity from the lot may be used towards down payment

Renovation Features

  • Purchase or refinance
  • Down Payment as low as 5%
  • One Time Closing
  • Completed Value used to determine LTV
  • Renovation to begin after the loan closes, funds disbursed based on completion